retirement benefit

• Pago regular que realiza el gobierno o un empleador a una persona jubilada, generalmente basado en sus ingresos anteriores o en sus contribuciones.

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.

   prestación de jubilación

   • 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.

   prestación de jubilación en pago único

   • 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.