A US study indicates a growing number of employers are asking Baby Boomers to take part in phased retirement programs, management-issues reports.
According to the survey, the trend is taking place in response to a quarter of the US workforce edging towards retirement age.
More than 50 per cent of companies polled said they were currently evaluating the impact of mass retirements. Sixty per cent were in the process of developing a program or already had one in place.
It seems employers aren't the only ones keen on phased retirements. It's claimed Boomers also like the idea as it provides them with additional funds to supplement their retirement incomes.
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