Phased-retirement is generally used as a means of allowing older employees with outdated skills to gradually leave the organization.

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Phased-retirement is a flexible retirement arrangement that allows employees to gradually reduce their working hours and responsibilities before fully retiring. It is not necessarily used only for employees with outdated skills, but can also be employed as a tool to retain valuable employees who may not be ready for full retirement but would like to have a more flexible work arrangement.

Phased-Retirement Is Generally Used as a Means of Allowing Older