At that time our income will consist primarily of monthly pension payments, as well as both of our Social Security payments. (purefinancial.com)
Regardless, it's not uncommon to be given a choice between taking a lump - sum payment in lieu of your future monthly pension (known as a commuted value) or otherwise taking your calculated monthly pension payment in retirement. (moneysense.ca)
A West Seneca woman has admitted to illegally collecting monthly pension payments for more than 30 years after the death of her mother. (news.wbfo.org)