What is welfare payment? Is it different from pension?

[Good-Person]

Welfare payment is a kind of payment which is received by a person. This may include paying needy people who deserve to receive payments. It could be quite different from pension. So, what is the difference between welfare payments and pension?

 

[Kane]

In our country, the government provides monetary assistance to the senior citizens of 70 years and above, single women, and minority groups. This comes under social security, or welfare, plan. The monetary benefit is not much but those who do not have any income source find this a geat help