Which of the following statements about early retirement is most accurate?
A) Traditional early retirement plans are no longer legal because they represent age discrimination.
B) An advantage of early retirement as a method of downsizing is that early retirement provides opportunities for younger employees to be promoted.
C) Federal law requires firms to offer early retirement benefits to any worker who voluntarily offers to retire before the age of 60.
D) Workers who receive an offer for early retirement are likely to gain by refusing the firm's first offer and holding out for a better deal.

Question

Quizplus · Accepted Answer

Early retirements have an advantage over layoffs as a means of downsizing because having workers voluntarily retire is better for the morale of remaining workers than seeing workers being laid off.

Which of the Following Statements About Early Retirement Is Most