退(たいしょくきん)

たいしょくきん
noun
retirement allowance; severance pay
workfinance
1. retirement allowance; severance pay
a lump sum payment made to employees when they leave a company, whether due to retirement or resignation
退職金(たいしょくきん)いくらもらえます
How much severance pay will I receive?
I paid off my home loan with my retirement allowance.
The longer your years of service, the larger your severance pay.

退職金(たいしょくきん) is the lump-sum payment employees receive when leaving a company, a significant part of Japanese employment compensation.

Writing

Japanese employment context

  • Traditional Japanese companies often have substantial 退職金(たいしょくきん) systems
  • Amount typically increases with years of service
  • Some companies now shifting to defined contribution plans

Common collocations

  • 退職金(たいしょくきん)()() (to receive severance)
  • 退職金(たいしょくきん)制度(せいど) (severance pay system)
  • 退職金(たいしょくきん)規定(きてい) (severance regulations)

Related words