retirement benefit (Meaning)
Wordnet
retirement benefit (n)
a monthly payment made to someone who is retired from work
Synonyms & Antonyms of retirement benefit
No Synonyms and anytonyms found
retirement benefit Sentence Examples
- The company's retirement benefit plan provides a monthly stipend to eligible employees upon retirement.
- Employees qualify for the full retirement benefit after reaching a specified age and years of service.
- The employer contributes to the retirement benefit plan on behalf of eligible employees.
- The retirement benefit is calculated based on a formula that considers the employee's salary, years of service, and age.
- Employees have the option to choose from different investment options within the retirement benefit plan.
- The retirement benefit is designed to supplement other sources of retirement income, such as Social Security and personal savings.
- The employer periodically reviews the retirement benefit plan to ensure its competitiveness and sustainability.
- Employees are responsible for managing their own retirement benefit account and making investment decisions.
- The retirement benefit is subject to taxes upon withdrawal.
- The retirement benefit provides employees with peace of mind, knowing that they will have a financial buffer during their retirement years.
FAQs About the word retirement benefit
a monthly payment made to someone who is retired from work
No synonyms found.
No antonyms found.
The company's retirement benefit plan provides a monthly stipend to eligible employees upon retirement.
Employees qualify for the full retirement benefit after reaching a specified age and years of service.
The employer contributes to the retirement benefit plan on behalf of eligible employees.
The retirement benefit is calculated based on a formula that considers the employee's salary, years of service, and age.
