A retirement plan based on age in which an employer offers $10,000 as a base early retirement incentive for 55-year-olds, $8,000 for 56-year-olds, and so on, and nothing to persons age 60 or older. Does such a plan amount to illegal age discrimination?

Question

A retirement plan based on age in which an employer offers $10,000 as a base early retirement incentive for 55-year-olds, $8,000 for 56-year-olds, and so on, and nothing to persons age 60 or older.  Does such a plan amount to illegal age discrimination?

My Response: No, its not in violation to any Law because its a offer and not a requirement

Michaela · Answer

your right

SraJMcGin · Answer

It's called the "Golden Handshake" here and I took it! :) Sra