Pensioner (noun)

1. A person who receives a pension, especially from a government.
2. A person who is retired and receives a pension from their employer or from the government.
3. An elderly person who is dependent on a pension for their livelihood.

Origin:

Early 17th century: from french pensionnaire, from pension "payment", from latin pensio(n-), from pendere "pay".

Examples:

1. He was a pensioner and lived on a fixed income.
2. The pensioner was dependent on the government pension for survival.
3. Many pensioners are unable to afford the high cost of healthcare.
4. The pensioner was proud of having worked hard all his life.
5. The pensioner had to live frugally to make his pension stretch.