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English definition of “retiree”

retiree

noun [C]     /rɪˈtaɪriː/ US   /rɪtaɪˈriː/ WORKPLACE, HR
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.
(Definition of retiree noun from the Cambridge Business English Dictionary © Cambridge University Press)
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