The chain, with more than 5,000 employees, encourages all older workers to phase into retirement gradually. It offers consulting work and special assignments, such as research and development. Retirees can be rehired as part-time or temporary employees. Benefits provided under a traditional pension plan are suspended if retirees are rehired and work more than 20 hours per week. Phased retirees are offered health benefits with the same employee contributions as active employees....

BPIR Categories

9.3.7 Manage employee retirement
9.6.4 Manage & administer employee benefits

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