Retirement benefit is a term used to describe the financial assistance provided to individuals who have reached a certain age and have stopped working. It is a crucial aspect of post-employment life that includes social security benefits, pension schemes, and healthcare benefits. The term "retirement benefit" can be replaced with other synonyms such as "pension plan," "retirement package," "retirement income," "golden handshake," or "senior citizens fund." These synonyms refer to the same financial aid offered to retirees but may differ in terms of their origin and requirements. Regardless of the term used, having a reliable retirement benefit plan is important to ensure a comfortable and secure life after retirement.