Early Retirement


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Early Retirement

Retirement before the normal age, which is generally between 55 and 65. Early retirement may occur because a person attains financial security for the remainder of his/her life before most of his/her peers. Unfortunately, it may also occur due to injury or inability to work in one's field. People in early retirement may qualify for pension or government benefits, but generally they are less than those who retire at full age.
References in periodicals archive ?
Here we have another interesting aspect of the early retirement phenomenon.
The increasing numbers of early retirements are due to a number of reasons, including increased workload and Cyprus' financial uncertainty according to chief accountant at the treasury, Louis Droushiotis.
But early retirement remains a more attractive option than redundancies for Enel, in which the state holds a controlling 31 percent stake.
There is talk of another early retirement program possibly in the works and unlike the first program, which excluded public safety employees, this one would include police and fire employees.
Since they appreciated the importance of good health in preventing early retirement, they also mentioned steps that would help them to stay fit, such as access to a worksite gym.
The two options open to staff accepting early retirement or voluntary redundancies mean that the figure paid out could range from pounds 136,000 to pounds 305,000.
The early retirement plan would have given civilian employees five years' work credit in exchange for them leaving the city payroll.
If Anheuser-Busch cannot meet its early retirement target, layoffs could take place under the direction of Anheuser-Busch or the InBev ownership.
The poll found that 57% of owners planned to put this year's profits back into their business, while 48% said they would use profits for an early retirement and enjoy the "good life" a little earlier.
said it plans to cut an estimated 1,500 jobs by offering an early retirement program mainly for production workers in Japan, making additional efforts to boost its competitiveness and performance at a time when the Japanese carmaker's domestic sales have slumped.
RANDOLPH AIR FORCE BASE, Texas -- In an effort to shape the force to support core and emerging missions, Air Force officials will convene a Selective Early Retirement Board Jan.
United States, 84 FSupp2d 1043, the Eighth Circuit Court of Appeals held that amounts received by tenured professors who relinquished their tenure rights under an early retirement program were not FICA wages.

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