What Does Retirement Benefits Mean?

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What does Retirement Benefits mean? Read on to discover the definition & meaning of the term Retirement Benefits - to help you better understand the language used in insurance policies.

Retirement Benefits

Retirement Benefits

Retirement benefits are the money or other incentives that a person collects after their employment ends. The plan to receive them is put in place while the employee is still working, and a portion of their salary, along with a contribution from the employer, is collected periodically until their retirement.

We hope the you have a better understanding of the meaning of Retirement Benefits.

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