OTHER NEWS - Sept. 22, 1993
Early-Retirement Offers Often Rejected: Most Americans offered such packages have turned them down, and some view them as a signal to leave only slightly subtler than “a dead fish on the desk,” a University of Michigan study found. University economist Charles Brown said the research found that six out of 10 of those who got such an offer--about 6% of the U.S. work force--opted to keep their jobs. He said those who did accept tended to be healthy and in good financial condition, and about half of them got other jobs. The study polled 13,000 people in their 50s and 60s on the issue of early retirement, increasingly common in a time of shrinking payrolls.
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