phased retirement
Definition
Allowing older employees to gradually reduce their work hours before retirement date, instead of an abrupt cut off. Its objective is to let the person slowly adjust to new patterns of working and living, thereby reducing the post-retirement stress which kills a large number of retirees. Also called partial retirement.
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phased retirement is in the HR, Teams, & Training subject.
phased retirement appears in the definition of the following term: partial retirement
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