Word: retirees
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TIME TO RETIRE?
“As I look around this room, there are a number of people 55 or older who served faithfully as faculty for at least a minimum of ten years,” Gomes said. “Are there any incentives for us to retire??...
Hausammann wrote that the program aims to “both offer generous incentives to qualifying employees who may wish to retire and help the University make progress in reducing overall compensation costs.”
If the retirement incentive plan comes to fruition, it will not be the first time Harvard has offered to increase pension benefits for staffers who retire early. During an economic recession in 1991, the University created an early retirement incentive program for all non-faculty employees over the age of...
Mellinger has told his wife, Kim, that this is his final Army posting, meaning he's likely to retire sometime next year. The couple has no children, although Mellinger has three grown kids from a prior marriage. The last draftee then plans to move to Alaska, where he spent much...