retirement benefit

• Paiement régulier versé par le gouvernement ou un employeur à une personne retraitée, généralement basé sur ses revenus antérieurs ou ses cotisations.

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.

   prestation de retraite

   • 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.

   indemnité de départ à la retraite

   • 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.