The phrase "to collect a pension" means to receive regular payments or money from a retirement fund or plan after a person has stopped working. Full definition
He'll also start collecting a pension of $ 1,600 a month, earned during his years with the provincial government. (moneysense.ca)
Again, one of the main reasons is that teachers who split their career often can not begin collecting pension payments as early as those who stay in one system. (educationnext.org)
He's now researching ways to crack down on current lawmakers from collecting pensions if they commit a crime. (nydailynews.com)