early-retirement plan

BNET Resources

• sort by:
• Relevance
• Date
• Popularity

Early Retirement Programs

This memorandum discusses some of the principal legal issues that an employer must consider in planning an early retirement program.The legal advantages of a voluntary program are obvious--if employees select themselves for termination, the employer will have far less exposure to claims that the terminations were discriminatory under applicable labor...

Tags: Workforce management, Pillsbury Winthrop LLP, termination, early-retirement plan

White papers 1997-01-01

Additional Resources

Ford to lay off salaried workers by August

DETROIT -- Ford Motor Co. plans to conduct involuntary layoffs of salaried employees by August as part of a restructuring in the face of slumping sales and record-high gas prices, a spokeswoman said Wednesday. Marcey Evans said the company hasn't yet determined how many white-collar jobs will...

Articles 2008-05-29

Corzine's early retirement plan unveiled

The Corzine administration yesterday unveiled details of a proposal for an early retirement program that aims to shrink the state workforce by 3,000 employees. Under the plan, incentives would be offered to certain state employees aged 50 or older with at least 25 years in a state pension program, 60...

Articles 2008-05-22

Steelcase to cut 250 salaried jobs

GRAND RAPIDS, MI -- Steelcase Inc. said it plans to cut as many as 250 white-collar jobs, according to mlive.com. Most of the cuts will come from salaried personnel in the company's Grand Rapids facility. The cuts will be made through layoffs or early retirement offers. Employees recently...

Articles 2008-05-01

Boeing Shifting Cost of Health Care Onto Workers' Families, SPEEA Announces

SEATTLE -- Corporate leaders of The Boeing Company will shift up to $8.2 million of medical costs onto engineers and technical workers as a result of upcoming changes to health care plans. The cost-shifting maneuver is a result of Boeing's decision to change the premium structure of two...

Articles 2008-04-21

Early retirement is unpatriotic

WHEN I hear my fellow baby boomers gleefully talk about their elaborate plans to retire ASAP, head for the Tuscan hills or otherwise continue their lifelong quest for "self-actualization," I have to bite my tongue. It's not that I'm all work and no play. But something...

Articles 2008-04-06

Retirement offer in Frederick

Elected officials in Frederick have decided to go forward with plans to offer early retirement to 70 city employees. City Budget Director Jon Angel expects more than half of the workers will accept the buyout offer. It includes a lump sum payout of nearly two years' salary and full retirement...

Articles 2008-04-04

Should savings be spent now or after 65?

Living mortgage-free is something most of us aspire to, yet fewachieve before retirement. In our latest Money Makeover, AMANDAMORRALL looks at the case of a young couple caught between livingthe dream and giving up a safe retirement plan. . The subjects: February 2009 is an auspicious date...

Articles 2008-04-01

Suffolk County Executive Steve Levy pitches cuts, rules out tax hike

Facing a $150 million budget shortfall, Suffolk County Executive Steve Levy is pushing to make up the deficit without cutting taxes. Some legislators, however, are prepared to push back. Levy's plans, which include selling off county vehicles and the county's nursing home in Yaphank as well as...

Articles 2008-03-28

MFS Retirement Survey Shows Income Planning Needed for Pre-retirees

Inflation Concerns, Redefining Retirement Change Dynamics for Baby Boomers BOSTON -- Unexpected health care costs and inflation are top concerns for pre-retirees and retirees, according to a retirement survey recently commissioned by MFS Investment Management([R]) (MFS([R])). In line with these concerns, pre-retirees expect to work on average a...

Articles 2008-03-18

Ford cuts 2,500 jobs at three US plants

CHICAGO AFP — Ford Motor Co. will cut 2,500 jobs at three US plants as it expands a massive restructuring plan, the automaker said Monday. Many of the positions could be eliminated through company-wide buyouts offered earlier this year, but workers who do not accept the early retirement...

Articles 2008-03-03

Tentative Deal Saves Workers from Outsourcing

A tentative agreement between Cincinnati Bell and the Communications Workers of America CWA Locals 4400 and 4401 has saved the jobs of nearly 450 call center representatives whose jobs were targeted for outsourcing. The agreement also reestablishes previously outsourced jobs and protects health benefits. The three-year settlement was reached...

Articles 2008-03-01

Retiring Early? Consider Health-Care Costs.

FOR YEARS, you've socked away a good portion of your paycheck, and now you want to reward yourself with an early retirement. But if your employer is not offering you health benefits after you leave, make sure you plan for medical costs. Otherwise, you could be in...

Articles 2008-03-01

Corzine offers historic budget cut

Gov. Corzine, sounding like a tough parent frustrated by a wayward teenager, said yesterday that New Jersey's years of spending beyond its means were over. Corzine unveiled a proposal to cut the state budget to $32.97 billion, about $500 million below the current spending plan. The governor proposed eliminating the...

Articles 2008-02-27

Corzine budget proposes big cuts

Gov. Corzine today will propose reducing the state payroll by up to 3,500 workers through early retirements and layoffs, closing one or more departments, and trimming the property-tax rebate program, a state treasury official said yesterday. The moves come as the governor tries to keep the next state budget below...

Articles 2008-02-26

Your Complete Guide to Early Retirement

Your Complete Guide to Early Retirement Sandy Baker Atlantic Publishing Inc. 1405 SW 6th Avenue, Ocala, FL 34471 9780910627931 $24.95 www.atlantic-pub.com This step-by-step plan for early retirement offers in-depth advice on three key tips to early retirement: managing expenses and...

Articles 2008-02-01

Your Complete Guide to Early Retirement

Your Complete Guide to Early Retirement Sandy Baker Atlantic Publishing Inc. 1405 SW 6th Avenue, Ocala, FL 34471 9780910627931 $24.95 www.atlantic-pub.com This step-by-step plan for early retirement offers in-depth advice on three key tips to early retirement: managing expenses and...

Articles 2008-02-01

Steelworkers Ratify New Deal With Tube City IMS Canada Limited.

L'ORIGNAL, ONTARIO, Jan 29, 2008 Marketwire via COMTEX -- United Steelworkers' USW Ontario/Atlantic Director Wayne Fraser announced Tuesday that members of USW Local 8794 have ratified a new, three-year collective agreement with Tube City IMS Canada Limited. The workers are members of the...

Articles 2008-01-29

Engineering Your Retirement: Retirement Planning for Technology Professionals.

M2 PRESSWIRE-22 January 2008-Research and Markets: Engineering Your Retirement: Retirement Planning for Technology ProfessionalsC1994-2008 M2 COMMUNICATIONS LTD RDATE:22012008 Dublin: Research and Markets (http://www.researchandmarkets.com/reports/c80311) has announced the addition of "Engineering Your Retirement: Retirement Planning for Technology Professionals" to...

Articles 2008-01-22

Engineering Your Retirement: Retirement Planning for Technology Professionals

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c80311) has announced the addition of "Engineering Your Retirement: Retirement Planning for Technology Professionals" to their offering. A practical retirement planning resource for engineers, scientists, and mathematicians. In 1995, Dr. Mike Golio, an electrical engineer, became seriously interested in planning...

Articles 2008-01-22