Which of the following refers to the allowance made for retirement income that is sourced from an individual's work history?

The term that refers specifically to the allowance made for retirement income based on an individual's work history is the State pension. This pension is generally provided by the government and is funded through contributions made during an individual’s working life. It is designed to support individuals financially during retirement, relying on the principle that citizens contribute a portion of their earnings over their working years to qualify for these benefits later in life.

The State pension takes into account the length of time an individual has worked and the contributions made, ensuring a foundation for retirement income that is often crucial for older citizens. By linking the pension amount to the work history, this system aims to provide a degree of security and stability for retirees, reflecting their contributions to the economy.

Other options such as a private pension plan or an employer's retirement fund indicate different types of retirement plans or savings vehicles, which may supplement but do not primarily derive from an individual's work history in the same manner as a State pension does.