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 ?
The Lagos State Commissioner for Information and Strategy, Mr Kehinde Bamigbetan, had at the last congress of the Lagos State Council of the Nigeria Union of Journalists, promised the retirees that their terminal benefits would be paid.
New Jersey mortgage holders are spending 39 percent more, on average, than the typical American retiree with a mortgage for $1,838 vs.
One class of retiree's association has lodged a case for increase in pension formula from 10% to 70% in the Apex courts.
Rather than shift costs from one federal program to another, Congress should develop an insurance program for federal retirees age 65 and older that specifically coordinates the combined resources of the FEHBP and Medicare to provide high-quality coverage that is more affordable for the government, USPS, and federal retirees.
A top Mississippi retiree destination, Oxford-Lafayette County has once again achieved national recognition, receiving the coveted 2018 Seal of Approval Award by the American Association of Retirement Communities during their annual conference last week in Daytona Beach, Fla.
To avoid becoming victims of such syndicates, Gobind Singh reminded retirees to check and confirm the from relevant authorities or at the website 'sebenarnya.my' if they were offered dubious schemes.
Incentives will be given by the city government to the retirees through the program awards incentives service excellence (Praise).
And if only government hiring of workers would be rationalized and retirees are no longer employed in the government, especially government retirees who receive much higher pension from the Government Service Insurance System (GSIS) than retirees from the private sector who receive their pension from the Social Security System (SSS), the government should be able to equitably distribute its resources and opportunities.
Only 39% of retirees and 19% of employees have tried to calculate how much money they will need to cover health care costs.
The retirees claimed that such practice of automatically deducting from pension proceeds to collect payment for pension loans had been declared by the Department of Justice as illegal.
While retirees can adjust their discretionary spending, underestimating key expenses can have a big impact on a retiree's quality of life.