| Abstrakt: |
Preretirement planning programs are joining the expanding list of employee rights in the public sector. Programs are only mandated in slightly more than 25% of government agencies, but at least 52% of them offer programs, with more anticipated shortly. Significant differences exist among federal, state, county and city programs. This longitudinal inter-agency study provides an in-depth analysis of programs for each governmental level then compares and contrasts the findings. References to existing programs within the private sector are made. Program offerings, content, format, eligibility, funding, participation and structure are presented along with anticipated growth rates. Relationships between program availability and early retirement decisions are documented. The use of programs as a strategy to open career paths may backfire and even discourage retirement. Failure of programs to recognize growing diversity in the labor force is explored and recommendations presented for increased innovation and cross agency cooperation. |
