retirement benefit

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Definitions from WordNet

Noun retirement benefit has 1 sense

old-age pension, retirement pension, retirement check, retirement benefit, retirement fund, superannuation - a monthly payment made to someone who is retired from work
--₁ is a kind of pension

Definitions from the Web

Term: Retirement Benefit

Description:

A retirement benefit refers to a financial payment or benefit that an individual receives upon reaching their retirement age. These benefits are provided by employers, government agencies, or private programs to support individuals during their retirement years.

Sample Sentences:

John's retirement benefit from the company includes a monthly pension and healthcare coverage.
Eligible employees can start receiving retirement benefits at the age of 65.
Sheila plans to invest a portion of her retirement benefits in a mutual fund.

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