retirement benefit

• Regelmäßige Zahlung, die von der Regierung oder dem Arbeitgeber an eine Person geleistet wird, die in den Ruhestand getreten ist, und die sich in der Regel nach dem früheren Einkommen oder den geleisteten Beiträgen richtet.

A regular payment made by a government or employer to a person who has retired from work, typically based on previous earnings or contributions.

1. Pension or retirement incomeB2formal

   A regular payment made to a retired person by a former employer or the government, based on their work history or contributions.

   Rente oder Alterseinkommen

   • He receives a monthly retirement benefit from his former company.
   • The government increased retirement benefits for senior citizens.
   • She is eligible for full retirement benefits at age 65.

2. Lump sum paymentB2formal

   A one-time payment given to an employee upon retirement, often from a pension plan or savings account.

   Einmalzahlung bei Renteneintritt

   • The company offered a generous retirement benefit as a lump sum.
   • He used his retirement benefit to pay off his mortgage.
   • Many workers prefer a lump sum retirement benefit over monthly payments.