In Late Retirement Incentive Programs (LRIPS):
a. the employee either accepts the offer or is laid off.
b. it offers a comprehensive package of insurance coverage as well as pension payments.
c. workers are encouraged to stay in the workforce
d. the pension benefits can be passed on to a spouse and children.
Question 2
A primary reason for early retirement inducements offered by corporations is
a. older workers are less reliable because of health problems.
b. to make room for the ever increasing supply of younger workers.
c. companies have to pay more money in insurance benefits for older than younger workers.
d. to downsize operations in order to cut costs and reduce the number of employees aged 50 and over.
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