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Related to Retirement: Retirement age



(1) In prerevolutionary Russia from the 18th century, the term “retirement” referred in the broad sense to any separation from military or civilian state service, including retirement upon the request of the person separated. Compulsory retirement could be effected by a court decision or by administrative order.

(2) A form of separation of officers, generals, and admirals from military service in the Soviet armed forces. According to the Law on Universal Military Obligation of 1967, officers, generals, admirals, marshals of the combat arms, and admirals of the fleet who have reached the maximum age for the reserves or who have been separated from military service for reasons of health are removed from the military rolls and placed in retirement. A person’s right to wear the military uniform with insignias is specified in the separation order.

(3) In the practice of bourgeois states, the government or the chief executives (for instance, the president of the USA) are said to retire if they resign their position because of a vote of no confidence, censure, or disagreements within the government.

What does it mean when you dream about retirement?

Retirement dreams represent the end of one’s contribution and value to the workplace, as well as an end to doing what others dictate and becoming one’s own boss.

References in periodicals archive ?
com, Americans could expect to spend 18 years in retirement, a staggering triple the number of years in retirement since Social Security was introduced.
they may be able to borrow or take a hardship withdrawal from their retirement plans to help.
The point of retirement plans, of course, is to provide taxpayers with a financial cushion in their old age.
In a review of the retirement literature, Carter and Cook (1995) used role theory to examine the retirement transition.
County workers' yearly retirement pay is based on their salary, the number of years of service and age at retirement.
Although a third of Americans believe they will maintain or improve their standard of living in retirement, regrettably most people won't have sufficient retirement funds.
When asked what changes, if any, the respondents would make to Social Security, only 24 percent would leave the program alone; nearly as many (22 percent) would make Social Security completely voluntary; another 29 percent would either raise the retirement age or cut cost-of-living increases for current retirees.
Given current conditions, it is likely that a majority of baby boomers actually will have a lower retirement standard of living in absolute terms than their parents now enjoy [ILLUSTRATION FOR FIGURE IV OMITTED].
Once on the plan, the officers' monthly retirement annuities are paid into an annuity account that is administered by the Oklahoma Pension and Retirement System.
The critical question on the survey was, "What is your anticipated retirement date?
Coutts is one of a growing army of foot soldiers that Allstate and many other insurers are recruiting for their retirement businesses.