The term ‘pensioneer’ is not a widely recognised or standard term in the context of pensions or retirement benefits. It is safe to stick with ‘pensioner,’ and it describes someone who receives a pension typically after retiring from work.
A pension itself is a fund into which amounts are paid regularly during an individual’s working career, and from which periodic payments are made to support the person’s retirement from work.
Given the context, it is likely that ‘pensioneer’ is being used informally or incorrectly, and the intended term is ‘pensioner.’
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