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Why Employers Should Care About the Cost of Delayed Retirement
Prudential 
Apr. 10, 2017 "[A] one-year increase in average retirement age results in: [1] Incremental annual workforce costs of about 1.0%-1.5% for an entire workforce.... [2] An incremental cost of over $50,000 for an individual whose retirement is delayed. This represents the cost differential between the retiring employee and a newly hired employee." MORE >> |
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