10 Tips for Evaluating an Early Retirement Offer

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Thought there was some good advice in this information.

Lea of MD 9:20PM February 18, 2012

Greater protection needs to be made in regards to employees over 40. So many companies are dumping middle aged workers.

Cynthia of NC 6:48PM December 08, 2011

The legislature is currently considering offering incentives to teachers 53 or older and have 25 years of service to take early retirement to avoid layoffs and reduce salary costs to cities and towns. The cities and towns benefit by reducing payroll without reducing services. However, the 25 year restriction prevents some older teachers at the top of the salary scale to consider retirement, because of years lost due to layoffs in the 1980's. Some teachers would be interested in buying back up to 10 years of lost service enabling them to take advantage of the ERI being considered. We are old enough to go, but cannot because of this forced, prolonged lapse in service. The retirement system would gain from these the buybacks, and those hired to replace us would still be contributing after we go. Sounds fair to me!
BN of MA

of MA 9:18AM December 26, 2009

Is Mass. going to offer a early retirement incentive for police, fire fighters and teachers?

Nancy of MA 9:30AM March 26, 2009

Think you need to study how many older workers are just being fired.Five of my girlfriends and my brother -who had just returned to work after being hospitalized for a complication related to diabetes were let go that way. My brother was let go for insubordination for writing a memo asking for clarification of his bosses decision to deny a doctor computer access. No heath insurance, no cobra and the hospital he works for is fighting his unemployment claim. And like most older workers without $10,000 up front no lawyer for an age discrimination suit.

MC of PA 11:25AM March 08, 2009

what if u only worked two months and cant work know more then what can a people do

kim of OH 1:29PM March 06, 2009

my mother in law only 62yearold and she gets ssi and ss so what make the differne any way how old u r if u been hurt and cant work any more

millie of OH 1:23PM March 06, 2009

im sorry to here that about that 18 yearold guy my heart gos out to him i guess it work be hard to work haveing pain all the time

kim of OH 1:20PM March 06, 2009

Believe me, at 48, if you are able to work at ANY JOB, your best best is to continue working, unlews of course if your Dr. tells you differently.
From what you have written, you are able to work. If I were in your position, while I was working, I would settle up with Social Securityso that when you do retire or become 100% totally disabled, Social Security will have a true base to start with.

Gsalem3633 of OH 2:41PM March 03, 2009

Believe me, at 48, if you are able to work at ANY JOB, your best best is to continue working, unlews of course if your Dr. tells you differently.
From what you have written, you are able to work. If I were in your position, while I was working, I would settle up with Social Securityso that when you do retire or become 100% totally disabled, Social Security will have a true base to start with.

Gsalem3633 of OH 2:41PM March 03, 2009