Ibrado all set for March retirement
Armed Forces of the Philippines (AFP) Chief of Staff Gen. Victor Ibrado has started leave calls to various military units nationwide and to his counterparts abroad, an indication that he is preparing for his scheduled retirement next month despite earlier clamor for the extension of his term if only to add credibility to the upcoming national and local elections.
Iowa Senate gives final OK to retirement plan
DES MOINES -- The Iowa Senate on Thursday sent Gov. Chet Culver a package of early retirement incentives for state workers expected to keep the state up to $60 million a year and clip into a big budget shortfall.
Retirement communities invite visitors for tours
Four Loveland retirement communities are uniting to showcase their services for Northern Colorado senior citizens and their families.
Sports › JSA to discuss retirement pay for Asashoryu
The Japan Sumo Association said Sunday it will hold a board meeting Wednesday to discuss how much retirement pay it will award former yokozuna Asashoryu,…
Retirement gold awaits some public retirees
In California, the average retired state employee receives a pension of $2,109 a month after 20 years of labor for the public. The average public educator draws a $4,329 monthly pension and has a median retirement age of 61.3 years.
Sumo association to discuss Asashoryu's retirement pay
The Japan Sumo Association said Sunday it will hold a board meeting Wednesday to discuss how much retirement pay it will award former yokozuna Asashoryu, who last week announced he was quitting the sport following allegations he attacked a man outside a Tokyo night club. The special package is paid to sumo elders who reach retirement age and grand champions and ozeki when they decide to step ...
Former state workers get last chance for retirement plan
Attention ex-government workers: You've got one last chance to receive back into the state's old -- and much more generous -- retirement system.
Early retirement important to tight school budgets
Early retirement incentive packages have become increasingly important for North Iowa school districts as they plan for a money-tight 2010-2011 school year.
Proposal Aims to Create Retirement Plans for W.Va. Workers
The bill would create a voluntary retirement savings program open to workers at tiny businesses that don't provide any retirement plan.
State workers rally against bills to change retirement benefits
More than 1,000 public employees and retirees rallied Saturday at the state capitol, speaking out against legislative efforts to restructure the state's retirement system.
About
Retirement is the point where a person stops employment completely (or decides to leave the labor force if he or she is unemployed). A person may also semi-retire by reducing work hours. Many people choose to retire when they are eligible for private or public pension benefits, although some are forced to retire when physical conditions don't allow the person to work any more (by illness or accident). In most countries, the idea of retirement is of recent origin, being introduced during the 19th and 20th centuries. Previously, low life expectancy and the absence of pension arrangements meant that most workers continued to work until death. Germany was the first country to introduce retirement in the 1880s. Nowadays most developed countries have systems to provide pensions on retirement in old age, which may be sponsored by employers and/or the state. In many poorer countries, support for the old is still mainly provided through the family. Today, retirement with a pension is considered a right of the worker in many societies, and hard ideological, social, cultural and political battles have been fought over whether this is a right. In many western countries this right is mentioned in national constitutions.
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