Pension, a sum of money paid regularly as a retirement benefit or by way of patronage.

退休金，抚恤金，一笔作为退休或受资助而定期领取的钱。

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EXAMPLE: When I retired I received my pension as a huge single lump sum, rather than broken down into monthly payments.

我的退休金并非分月支付，而是在退休时一次性发给一大笔钱。

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He commuted his pension into [for] a lump sum.

他把退休金一次领清，拿了一大笔钱。

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Previously, the lower 30-year U.S. government bond rates were used to calculate lump-sum pension values.

FORBES: Why You Should Retire Before Dec. 31

This fact combined with the 2006 law change has created a negative outlook for lump-sum pension values.

FORBES: Why You Should Retire Before Dec. 31

How much could you earn on your lump-sum pension value if you invested this amount prudently?

FORBES: Expert View