retiree

[ri-tahy-ree, -tahyuhr-ee]
noun
a person who has retired from an occupation or profession.

Origin:
1940–45, Americanism; retire + -ee

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World English Dictionary
retiree (rɪˈtaɪəˌriː)
 
n
chiefly (US) a person who has retired from work

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
For one, you could let it stop pre-paying for its retiree obligations, so it
  doesn't collapse under their weight now.
Last spring, an attempt was made to increase retiree health insurance
  contributions, but the legislation stalled.
Unfunded retiree health obligations total many additional billions.
Surviving spouses typically receive two-thirds of a deceased retiree's pension.
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