This is the 7679th most frequent Chinese word.
退休金
Retirement pension.
In this sentence, '退休金' refers to the regular pension payments received by retired individuals.
我父母每个月都领取退休金。
My parents receive a pension every month.
Here, '退休金' is discussed conceptually as a financial source for retirement.
计划退休后，我需要了解退休金的计算方式。
Before planning retirement, I need to understand the method of calculating the pension.
In this usage, '退休金' refers to the funds or savings accumulated for retirement.