Phased Retirement Initiative
With an aging workforce and looming talent shortages, U.S. employers are facing
a "brain drain" of older workers. At the same time, many workers are interested
in gradually transitioning into full retirement by reducing their hours or responsibilities,
a process often referred to as "phased retirement."
The Phased Retirement Initiative is dedicated to developing and promoting best practices
for "phased retirement" programs that help employers retain targeted retirement-eligible
employees and facilitate the transfer of institutional knowledge to the next generation
of workers.
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