Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload.
A message on an information board at Manchester Piccadilly station, England wishing a member of staff a happy retirement after 52 years of service
Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare
Retirement
…when they are elderly or incapable of doing their job for health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when bodily conditions no longer allow the person to work any longer (by illness or accident) or as a result of…
Distributing alms to the poor, abbey of Port-Royal des Champs c. 1710
Anarchist protest against welfare cuts and austerity, Slovenia 2012
An office of the Social Insurance Institution (KELA) in Seinäjoki, Finland
President Roosevelt signs the Social Security Act, 14 August 1935.