Early-Retirement Benefits

Early-Retirement Benefits

The benefits from a pension or government program one receives after early retirement. Most pensions and government programs pay benefits based on how much an individual contributes to the system during his/her working life. That is, people who work longer (and/or earn more) contribute more than those who do not. As a result, early-retirement benefits are usually less than benefits for those who retire at full age.
References in periodicals archive ?
Lufthansa cabin crew workers have been on strike sinceAaAaAeAeAaAeAeA FridayAaAaAeAe early-retirement benefits and pensions.
In Beckmann it held that early-retirement benefits paid on redundancy to those under the normal retirement age aren't old-age benefits under the exemption.
The ECJ indicated that pension benefits payable upon early retirement "agreed between the employer and employee" need not be distinguished from those triggered by redundancy, but did it really intend to include all early-retirement benefits as transferring under Tupe?
Government expenditure on old-age pensions (the state pension paid to those who have reached the statutory retirement age) exceeded all other kinds of pension expenditure, such as early-retirement benefits and partial pensions.
10) Also, the tightening of the disability system in Norway went hand in hand with an easing of entitlement conditions for special early-retirement benefits, and substitution between the two schemes appears to have taken place.
Other countries have increased benefit periods for older workers without turning them into early-retirement benefits.
The walkout comes after Lufthansa and the union failed to reach an agreement in a long-running row over early-retirement benefits and pensions.