Retirement Policy
HR Policies & Procedures

Retirement Policy

As a general rule, employers cannot mandate that employees retire at a certain age. The Age Discrimination in Employment Act (“ADEA”) and most states specifically prohibit employers from requiring employees to retire based solely on age. This policy discusses retirement considerations, mandatory retirement, early retirement, and age waivers.
 
Topics in this policy include:
 
· Retirement Considerations
· Job Performance
· Early Retirement
· Asking Employees About Retirement
· Selection and Training of Replacement
· Mandatory Retirement
· Employer Right to Amend or Terminate Benefits
· Preretirement Counseling
· Retirement Gifts and Ceremony
· Reemployment of Retired Workers
· Retired Employees’ Privileges
· Retirement Age
· Election of Early Retirement
· Limited Executive Exemption
· Bona Fide Occupational Qualification Exemption
· Pension Benefits
· Health Insurance
· Severance Pay
· Termination of Retiree Health Benefits
· Rehiring Retired Workers

100% Ironclad Satisfaction Guarantee: If you are not totally satisfied, we ‘ll give you a full and prompt refund. And that’s not all. You can keep both the HR Policy and the free Bonus Posters and HR Forms. You risk nothing.

EXCEPTIONAL VALUE

1. SPECIAL BONUS 1: Free Labor Law posters
2. SPECIAL BONUS 2: Free HR Forms

A note regarding copyright:
Our policies are intended to help organizations create their own personnel policies or handbooks for distribution internally. Accordingly, you may use the Model Policies verbatim or modify them to suit the culture of your organization. Since the policy is copyrighted, we are making a special exception for this particular use. However, the policies may not be used to create or update policies for any organization other than the one buying the policy. In other words, you can’t create policies or handbooks to offer to other organizations, either for profit or free of charge. This would be considered a direct violation of our copyright.

For phone orders, call Personnel Policy Service toll-free at 800-437-3735.

Personnel Policy Service, Inc.
159 St. Matthews Avenue, Suite 5
Louisville, KY 40207

Ph: 800-437-3735
Fax: 800-755-7011
Website: www.ppspublishers.com