In economics, the term "rent-seeking" has a specific meaning. Taking pensions, presumably after paying into the system for 40 years, does not generally fit it.

In economics, the term "rent-seeking" has a specific meaning. Taking pensions, presumably after paying into the system for 40 years, does not generally fit it. A more accurate and less ageist example is the struggling company that lobbies the government for government grants or special protections. This activity fails to create any benefit for society and in fact harms the public by redistributing resources from taxpayers to the company.