Retirement Packages May Court Disaster
Employers have been creative in developing early retirement programs that are mutually beneficial to themselves and to employees, but many may have taken that creativity too far: Last year 27,000 age discrimination complaints were filed with the EEOC. Although the validity of plans is usually decide...
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Published in | Personnel journal Vol. 67; no. 8; p. 58 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Baltimore
Williams and Williams Co. for the Personnel Research Federation
01.08.1988
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Online Access | Get full text |
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Summary: | Employers have been creative in developing early retirement programs that are mutually beneficial to themselves and to employees, but many may have taken that creativity too far: Last year 27,000 age discrimination complaints were filed with the EEOC. Although the validity of plans is usually decided individually, the courts generally review three questions: Was the program part of a "bona fide" benefit plan? Was the program developed to eliminate older workers? Did workers retire early voluntarily? |
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ISSN: | 0031-5745 |