noun
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.
退職給付債務は毎年見直される。
The retirement benefit obligation is reviewed every year.
会社は退職給付制度を改定した。
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).