Crossword Genius

Retirement allowance (7)

Ross

I believe the answer is:

pension

'retirement allowance' is the definition.
(I've seen this before)

This is all the clue.

(Other definitions for pension that I've seen before include "Retiree's income" , "Payment to traitor" , "Retired person's income" , "Income in retirement" , "Regular payment for older people" .)

I've seen this clue in the Sydney Morning Herald and the Irish Times (Simplex).
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