retiree
noun [ C ]
WORKPLACE, HR uk/rɪˈtaɪriː/ us/rɪtaɪˈriː/a person who has stopped working in regular paid employment because of their age:
Most retirees underestimate their actual financial needs.
The airline's pension fund has been paying out more than $500 million a year to retirees.
Workers' annual cost-of-living raises will be diverted to help pay for retiree health care.