Late Retirement

Late Retirement

A situation in which one delays one's retirement until after the usual time. For example, if the general retirement age is 65, one takes late retirement if one works until one is 70. In the United States, late retirement can increase one's Social Security benefits because one continues to pay into the system.
References in periodicals archive ?
Yet they scored the final podium place thanks to Andrew Gallacher and Jane Nicol's late retirement when their Escort Cosworth blew a turbo on the final stage.
Perhaps a general understanding of the difference between early, full and late retirement would build awareness of the need to commence more comprehensive planning.
Although Toby Spencer returned to something like his pre-Christmas form, finishing fourth after leading for much of the three laps in miserable conditions at Cheltenham's Pittville Park, Alistair Smith's late retirement meant that second-best counter Scott Hazell only just made the top 50.
Listeners will receive keys to understanding how to make and keep money and how to move beyond any idea of working up to late retirement years.
Nico Hulkenberg, Sergio Perez and Jean-Eric Vergne rounded out the top 10 while McLaren's Jenson Button was a late retirement.
Given that the scheme can retain a normal retirement age, a late retirement factor can be applied to a member's accrued benefit should they continue working beyond a scheme's normal pension age.
Research by uSwitch has revealed that high living costs, below average government spending on health and education, lack of holidays and late retirement have contributed to a bleak picture for Brits.
Late retirement is when life quiets and medical issues come to the fore.
The price of fuel and other essentials, below-average spending on health and education, short holidays and late retirement put the UK just above Ireland at the foot of the uSwitch.
The price of fuel and essentials, below average spending on health and education, short holidays and late retirement, place Wales and the rest of the UK just above Ireland at the bottom of the uSwitch.
Toyota would have had more points but for Ralf Schumacher's late retirement, which lifted Alonso up one place and restricted the damage to Renault's constructors' title lead, which stands at 26.
But her husband's death and late retirement hit her hard.