retirement benefits; post-employment benefits; accrued benefit
Technical term used in accounting and human resources contexts for benefits provided to employees after retirement, such as pensions or lump-sum payments.
The retirement benefit obligation is reviewed every year.
The company revised its retirement benefit plan.
退職金 refers specifically to a lump-sum retirement payment, while 退職給付 is a broader term that includes pensions and other post-employment benefits.
Compound of 退職 (retirement) and 給付 (provision, benefits).