retire

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retire

1. To discontinue formal employment or work at a specific place or task. In the past, in many industries, educational institutions, and public service, retirement was mandated when an employee had attained a specified age. This practice has lost its attractiveness to a large segment of the workforce, esp. among those who enjoy work. See: recreation
2. To go to bed.
References in periodicals archive ?
At 33, he is three years past the age at which he long ago said he would retire.
It is clearly in both parties' interests to give clients and the successor the opportunity to become acclimated to each other before a trusted partner retires.
When an employee retires, the employer automatically (and on a mandatory basis) contributes an amount equal to all or a portion of the retired employee's accumulated unused vacation and sick leave.
Marital quality slumps the most among couples in which only one spouse retires, especially when the husband retires and the wife keeps working.
In three of four years, I want to have the option to retire," says Picott, who works as director of technical support for Digital Equipment Corp.
The average military man or woman retires at age 44.
Many pilots who retire at age 60 work in some other capacity after retirement, resulting in a net positive for the federal government, versus the deficit Mr.
When a strong managing partner who's made most of the decisions retires, younger partners--in hopes of creating a more collegial atmosphere--often try to run the firm by consensus.
If a partner retires before 60, benefits generally commence in the year the retired partner attains age 60.
Because of the decline and state law changes, taxpayers will have to kick in an extra $300 million into the retirement system in the next few years to meet costs as up to one-fifth of the county's 87,226-strong work force retires.
When a general partner in a partnership in which capital is not a material income-producing factor retires, payments received for the partnership interest will be divided into the following categories:
When Grant retires, though, there is no one in Hollywood waiting in the wings committed enough to make these annual overseas tours with some beautiful starlets to visit the troops.