1. people who receive pensions or regular payments, especially from a government or former employer
2. people who are dependent on or supported by others, especially through regular payments
Usage: somewhat formal

Examples

• The government increased benefits for military pensionaries.
• Many corporate pensionaries saw their payments reduced during the economic crisis.
• The foundation supports pensionaries of the old regime.
• State pensionaries gathered to protest the proposed cuts.
• The company’s pensionaries receive monthly checks from the retirement fund.
• Political pensionaries often maintain influence long after leaving office.