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'pecuniary punishment' is a correct and usable phrase in written English
It describes a financial penalty that someone must pay for breaking a rule or law. For example, a judge may impose a pecuniary punishment on a criminal for their crime.
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The international media, gluttons for punishment — physical, dietary, and pecuniary — followed them once again to the Intercontinental Hotel, which, we learned, plays host not only to U.N. delegations and peace talks but also to Geneva's gaudiest charity balls.
Gain a pecuniary advantage.
Gain a pecuniary advantage.
Others may be lured by pecuniary rewards.
All pecuniary aid will be thankfully received.
Capital punishment?
Now punishment.
Punishment beatings.
But the English legal system has other pecuniary advantages.
Their punishment?
On one pecuniary matter, however, Mr. Catsimatidis was quite clear.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com