retire

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retire

[ri′tīr]
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To move a line of position back, parallel to itself, along a course line to obtain a line of position at an earlier time.
References in periodicals archive ?
Most companies are looking closely at altering their pre-65 retiree strategies to reduce cost and relieve the looming excise tax risk facing employers and retirees, but they are waiting on the outcome of the King v.
Over the next two years, more than half of the employers surveyed that provide health care to pre-65 retirees are planning significant changes to their medical benefits and how those benefits are delivered, according to data from global professional services company Towers Watson.
The data show workers are still more likely to expect retiree health benefits than retirees are actually likely to have those benefits, but the expectations gap is closing," says EBRI Director Paul Fronstin, who co-authored the study.
But Funk says there is another innovative strategy that combines high-touch retiree transition services with fully insured individual health insurance options.
About 80 percent of city retirees signed up for Medicare, believing the fraud.
The issue has now been cleared up, and accountants are trying to figure how much is already owed to military retirees with disabilities.
Sixty percent of respondents provide retiree health care benefits.
For instance, at Chevron, we still reserve the right to discontinue our retiree benefits.
The accumulated liability for retiree health care costs must be calculated and reported as a charge against a corporation's equity either as a "one-time hit" or as a 20-year amortization.
Our projected expenses under FAS 106 for retiree medical benefits will more than quadruple from $900,000 on a pay-as-you-go cash basis to a net, after-tax figure of more than $4 million.
Companies are becoming increasingly concerned about the cost of providing retiree health benefits as their workforces age and health care costs in general continue to rise sharply.
Several factors have brought added attention to employer-provided retiree health care benefits in recent years.

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