A person who is slowly moving to retirement over several years by reducing hours at work is engaged in
A) optional retirement.
B) bridged retirement.
C) phased retirement.
D) voluntary retirement.

Question

Quizplus · Accepted Answer

Phased retirement refers to a process where an employee transitions from full-time work to retirement by gradually reducing their working hours over several years. This allows the employee to ease into retirement while still maintaining some level of employment and income. Optional retirement, voluntary retirement, and bridged retirement do not necessarily involve a gradual reduction in working hours before retirement.

A Person Who Is Slowly Moving to Retirement Over Several