Retirement Benefit (Noun)
Meaning
A monthly payment made to someone who is retired from work.
Classification
Nouns denoting possession and transfer of possession.
Examples
- After decades of working, she received a substantial retirement benefit that allowed her to travel the world.
- His retirement benefit was barely enough to cover his living expenses, so he had to find part-time work to supplement it.
- The company offered a generous retirement benefit to its employees, which included health insurance and a pension plan.
- The couple had to budget carefully to make their retirement benefit last throughout their golden years.
- As a retired military officer, he received a substantial retirement benefit, including a pension and access to veterans' healthcare.