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pension

/ˈpɛnʃ(ə)n/

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An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.
"Many old people depend on their pension to pay the bills."
A boarding house or small hotel, especially in continental Europe, which typically offers lodging and certain meals and services.
"A pension had somewhat less to offer than a hotel; it was always smaller, and never elegant; it sometimes offered breakfast, and sometimes not (John Irving)."
A wage or fee.
A charge or expense of some kind; a tax.
A sum paid to a clergyman in place of tithes.
A regular allowance paid to support a royal favourite, or as patronage of an artist or scholar.
A boarding school in France, Belgium, Switzerland, etc.