Which of the Following Statements About Early Retirement Is Most

question 180

Multiple Choice

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.

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Definitions:

Drafted

Selected or conscripted for military service, or more broadly, chosen for a specific task or duty.

Decent Housing

Housing that is safe, affordable, and appropriate for the residents, meeting basic living standards.

Densely Populated

An area characterized by a high concentration of people living in a given spatial or geographical unit.

Great Depression

A severe worldwide economic downturn that took place during the 1930s.