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Retirement Programs for Faculty. ERIC Digest.
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Chronister, Jay L.; Kepple, Thomas R., Jr. – 1988
An incentive early retirement program is an arrangement between employer and employee that provides tangible inducement or reward for voluntary early retirement. It may be a formal program or an ad hoc agreement negotiated with the institution. The most common incentives include severance pay, liberalized actuarial reduction, annuity enhancements,…
Descriptors: College Faculty, Early Retirement, Employment Practices, Higher Education