'Thus, judging from the stated objectives of the Erip IV, the same should be considered as an early retirement incentive plan
and not a supplemental retirement plan,' the SC said.
First, the benefits must be payable only upon an employee's involuntary severance from employment (including "good reason" terminations in certain circumstances), pursuant to a window program or certain voluntary early retirement incentive plans
Results of Early Retirement Incentive Plan
Early Retirement Incentive Plan
for the Semiconductor Business
Earlier retirement ages, the greater longevity of the population, ill-conceived early retirement incentive plans
, and contribution holidays all have hurt.
Thus, the payments to Ps in exchange for their tenure rights under the early retirement incentive plans
were not "wages" within the meaning of FICA, under Sec.
Early withdrawal from the labor force has expanded with the increasing use of Early Retirement Incentive Plans
As a practical matter, early retirement incentive plans
will be affected first.