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It depends which government you are referring to and what position they hold.

For instance, a judge may hold that position for life in certain countries.

Some countries insist that retirement age is 55, others differ.

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9y ago

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What is the retirement age for a Honeywell Employee?

The retirement age for a Honeywell employee typically depends on the employee's specific pension plan and any retirement agreements they may have. It is best to consult with the company's HR department or retirement services for accurate information regarding retirement age for Honeywell employees.


Is there any tax on general provident fund received on retirement of government employee?

No


Is Indian government servant retirement age 62years or 65years?

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What is retirement age in government of pondicherry?

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What are deferred vested benefits?

Deferred vested benefits refer to retirement plan benefits that an employee is entitled to receive in the future, even if they leave the company before reaching retirement age. These benefits are considered "vested" because the employee has earned the right to them based on their length of service or contributions to the plan. Typically, these benefits are paid out when the employee reaches retirement age or another specified point in time. This mechanism helps incentivize employee retention while ensuring that workers receive some level of financial security in their retirement.


Can asking an employee when she plans to retire be seen as age discrimination?

That depends. Feeling harassed or discriminated against due to age is subjective and varies by individual. The best an employer can due is ask the question under reasonable circumstances, which would be a defense against a discrimination complaint. If the employee is approaching what most people consider retirement age, or if the employee has worked for the number of years to qualify for full retirement benefits, then it would be reasonable for an employer to inquire about the employee's retirement plans because the employer will need to plan for replacing the retiring employee.


What will be the retirement age of central government employees?

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How to get retirement benefits for a former employee of Shell Oil?

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Which of her following gave the department of labor a large role in protecting the retirement plans of American workers?

The Employee Retirement Income Security Act (ERISA) of 1974


Have you ever attended an retirement planning seminar?

As I am not of an age or anywhere near an age of retirement and will not be able to do so until I am 70 which is the age the government is pushing for, I have not been nor will i likely ever need to go to one.


When can you retire?

The age at which you can retire varies depending on your country's retirement system and your personal financial situation. In the United States, for example, you can start receiving Social Security benefits as early as age 62, but full retirement age is typically between 66 and 67. It's advisable to consult a financial advisor to determine the best retirement age based on your individual circumstances.


What is a deferred vested benefit with a retirment plan?

A deferred vested benefit in a retirement plan refers to an employee's entitlement to a portion of their retirement benefits that they have earned but have not yet accessed, typically because they have left the employer before retirement age. This benefit is "vested," meaning the employee has a legal right to it, even if they are no longer employed by the company. The benefit will typically be payable at a future date, such as retirement, and is often based on the employee's years of service and salary history.