Evaluating Early Retirement Incentive Windows "In Focus" provides insight into proper planning
The third quarter issue of In Focus, published by the International Foundation of Employee Benefit Plans, provides insight into the complex issues of providing a qualified early retirement incentive program.
(PRWEB) July 5, 2002
(Brookfield, WI) The third quarter issue of In Focus, published by the International Foundation of Employee Benefit Plans, provides insight into the complex issues of providing a qualified early retirement incentive program. Many employers are turning to this type of voluntary reduction when faced with implementing a reduction in work force.
This In Focus presents aspects of planning and implementing of employee retirement incentive programs. Tables depict various incentives employers have offered along with a list of minimum requirements for a “knowing and voluntary” waiver form. Graphs illustrate a summary of what, when and how other employee retirement incentive plans have been offered and utilized.
Additional steps for employers to consider when providing an early retirement incentive program are included along with an explanation of fiduciary responsibility and disclosure obligations. A listing of legal resources for fiduciaries is also provided.
In Focus is available free to all International Foundation members. Individual copies are available for $10 each. Quantity discounts are available. For more information or to place an order, call the International FoundationÂ’s Publications Department at (888) 33-IFEBP, option 4, or (262) 786-6710, ext. 8240, or e-mail books@ifebp. org.
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The International Foundation is a nonprofit educational association serving the employee benefits and compensation industries. Total membership includes 35,000 individuals representing 8,700 trust funds, corporations, public employee groups and professional advisory firms in the United States and Canada.
