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|ABC Testimony on Phased Retirement before Treasury Department and IRS on March 14, 2005 (PDF)|
American Benefits Council
Mar. 15, 2005
6 pages. Excerpt: As a matter of public policy, there are good reasons to encourage phased retirement. Many people leave their employer for another employer creating inefficiencies in terms of recruiting and training costs for both the old and the new company. In addition,encouraging older individuals to remain in the workforce through phased retirement programs broadens the tax base and reduces the burden on government programs such as Social Security.
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