The difference between "pension" and "stipend"

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What's the difference between "pension" and "stipend"?

I know the word "stipend" means daily-used expense offered by others. However, could pension and stipend both be used to describe the money people got from the company after they retired?

I'm not pretty sure if there is a similar system in western countries though.......
  • boozer

    Senior Member
    Retired people get pensions. Where I live, only students get stipends. So, for me, the difference is one of age gap between the recipients of those facilities :D My neighbour, an old man, always says he gets his stipend on the 8th day of each month with the apparent intention to make a joke. I understand the joke :D
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