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Phased Retirement is a human resources tool that allows full-time employees to work part-time schedules while beginning to draw retirement benefits.
Jul 19, 2023 · By offering phased retirement options, employers can retain valuable older workers and facilitate the transfer of knowledge to younger employees. This approach can be particularly useful in industries facing an aging workforce and a scarcity of new talent.
What is Phased Retirement? Employees participating in phased retirement will be paid for the part-time service they continue to provide the government and will receive additional credit for that service toward their full retirement.
Dec 12, 2022 · In this article, we define what phased retirement is, discuss its potential advantages and disadvantages, outline how to implement a phased retirement plan and offer tips on how to ask your employer to implement this process.
Feb 14, 2024 · Phased retirement could be the answer for both types of workers. Here's a closer look at the different ways you could approach phased retirement and how to decide if it's right for you.
Aug 17, 2023 · Under a phased retirement, the idea is for the employee to go through a three-stage process: full-time employment, half-time employment while receiving half of a retirement benefit, then full...
May 30, 2023 · Phased retirement allows workers to transition from full-time work to part-time hours, then full retirement. Learn the pros and cons of phased retirement.
