retirement

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retirement

The period, demonstrably dangerous to health and longevity, after the permanent cessation of work.
References in periodicals archive ?
But in case the government decides to introduce the early retirement age, it can increase the pension bill.
Employees who have been working for any of the above-mentioned government entities for a minimum ten years of services as per the 31 st of December 2018 are eligible to apply for early retirement.
A report said: "In deciding on requests for voluntary redundancy/ early retirement, the chief executive and the head of transformation and OD, in conjunction with the appropriate service director, continue to take into account the potential to implement efficiencies and support the modernisation of the council's workforce in addition to the financial savings to be gained.
'Thus, judging from the stated objectives of the Erip IV, the same should be considered as an early retirement incentive plan and not a supplemental retirement plan,' the SC said.
"There are also plans to introduce voluntary early retirement in the private sector," he added.
An additional year in early retirement increased the probability of death before age 73 by 1.91 percentage points for blue collar men, 3.45 percentage points among men who have spent some time on sick leave, and by 2.42 percentage points among men with low work experience.
'There has been a rise in early retirement or optional retirement over the past five years.
The Government has approved a further statute on pensions, which amends the Retirement Statute in order to allow former CGA subscribers access to early retirement schemes, provided they qualify.
Because employees gain eligibility to partake in voluntary retirement after they've worked for the bank for a set number of years and have reached a specific age, the bank said not everyone is eligible for early retirement packages.
Abdul Basit announced his early retirement against this discrimination and as a protest he sought approval from the Prime Minister regarding early retirement.
The law in question emphasised the "voluntary" nature of the application for early retirement, as this measure is legally linked to a written application whose filing date is two months after the publication of the law at the Official Gazette (JORT).
Auto Business News-June 7, 2017--Volkswagen's 9,300 staff agree to early retirement scheme

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