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window plan

A window plan is an early retirement plan in which an employer promises enriched pension benefits or credits workers for additional years of service if they retire early.

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window plan

A window plan is an early retirement plan in which an employer promises enriched pension benefits or credits workers for additional years of service if they retire early.

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Typically, early retirement windows are offered to employees for 60 or 90 days, and they give employers a humane approach to reducing their workforces without laying off employees.