What happens if an employee continues to work past retirement age?
Where an employee has continued working beyond the agreed or normal retirement age, and no agreement on a new retirement age is reached, then based on the current case law, it seems an employer would be entitled to retire the employee at any stage after passing that age.
Can a company impose a new retirement age?
The Labour Court held that the employer could not unilaterally impose a new retirement age and upheld his automatically unfair dismissal claim. The Labour Appeal Court disagreed, finding the employee had tacitly agreed to work beyond the agreed retirement age and had left it to the company to determine his retirement age on notice.
Is it financially prohibitive for older workers to delay retirement?
Turnover plummeted to 7%, while productivity rose 15%. And the company was able to expand without moving into a larger, expensive facility. Some government regulations make it financially prohibitive for older workers to delay retirement in favor of flexible work arrangements.
Can a former employee use an old e-mail account?
Ordinarily, as a courtesy, employers tend to keep old accounts active for a limited time in order to avoid rejecting business-related communications, and forward personal e-mails to the former employee. There would potentially be an issue if the employer used the former employee’s e-mail…
Can a company force an employee to retire?
Employee retirement can be a double edged sword for both the employer and the employee. The employee may be leaving for many reasons, but they often find they are being forced out by the organization that needs young, fresh workers to replace them.
When is an employee deemed to have retired?
You will be deemed to have retired the month after the month you ceased performing services for the employer and repay all retirement benefits received and the cost of state-provided State Health Plan premiums until that date; or
Turnover plummeted to 7%, while productivity rose 15%. And the company was able to expand without moving into a larger, expensive facility. Some government regulations make it financially prohibitive for older workers to delay retirement in favor of flexible work arrangements.
Who are the retirees at Aerospace Corp.?
The one at Aerospace Corp., which provides technical analysis and assessments for national security and commercial space programs, is called Retiree Casual. The company’s roughly 3,700 employees are mostly engineers, scientists and technicians, and Aerospace is glad to bring back some who’ve retired.