Which of the following is true of early retirement programs?
A) They should be an integral part of a strategy to lay off employees.
B) Eligibility is usually based on age and years of service.
C) These programs should be informal.
D) These programs are often involuntary.

Question

Quizplus · Accepted Answer

Eligibility for early retirement programs is typically based on criteria such as age and years of service, allowing employees who meet these criteria the option to retire earlier than the standard retirement age.

Which of the Following Is True of Early Retirement Programs