March 22, 2008
Planned retirement through retirement gifts.
The length of service has always been considered the quantifying principle behind fixing pension. However since changing social and economic as well as health profiles has led to longer service. Thus people have been attracted to retirement through the provision of retirement gifts . This does not stand in the place of retirement plans. Rather, the retirement gifts make retirement plans more flexible and people friendly. The fact that retirement gifts can be both cash and kind offers yet another dimension to the whole process of retirement procedures. Yet another aspect of the retirement programs is that the tax protection provisions also help make the post retirement life more complex.