retirement benefit system; retirement plan
Refers to the institutional framework or scheme for providing lump-sum or pension-like benefits upon retirement, typically in a corporate or public-sector context.
This company has a well-developed retirement benefit system.
The retirement plan was reviewed.
Compound of 退職 (retirement), 金 (money), and 制度 (system). The term is a straightforward modern coinage reflecting the institutionalization of retirement benefits in Japanese companies.