Phased retirement programs
A)Retain current employees and allow them to gradually retire by reducing their hours.
B)Recruit new employees in phases throughout the year.
C)Phases in new workers.
D)Are illegal because of the provisions of the Social Security program.

Question

Quizplus · Accepted Answer

Phased retirement programs allow current employees to gradually transition into retirement by reducing their hours instead of completely stopping work. This can be beneficial for both the employer and the employee as it allows for knowledge transfer and continuity of work. The other options listed do not accurately describe phased retirement programs.

Phased Retirement Programs