Concept in Definition ABC
Miscellanea / / November 13, 2021
By Victoria Bembibre, in Dec. 2008
Retirement is the stage in the life of a professional - often close to old age - in which it interrupts its racelabor completely and, in most cases, begins to live on a monthly stipend known as a pension or retirement, which is awarded either by the State, or by a private company hired by the individual, recognizing a percentage for each year of contributions that the professional has made as employee.
This withdrawal period usually has a cause linked to the age of the professional. According to certain laws at the national level, it is usually considered that, from a certain age for men and a certain other for women, the individual is not in a position to continue his work as an employee and must, therefore, withdraw from the force labor. For most of the organizations unions and unions in the world, paid retirement is recognized as a right inherent in any worker.
In other cases, withdrawal may occur prior to compliance of the legally indicated age, and this frequently attends to reasons of physical and / or mental state that can prevent the correct
performance of the person as a worker.But it may even happen that withdrawal is an option chosen by the individual, regardless of the regulations. current employment, either because it is considered adequate for his physical and intellectual well-being, or because he has savings Y finance enough to sustain his way of life for the rest of his years. Even a person can opt for a semi-retirement, which allows him to maintain a minor job, rather by choice or interest than financial necessity.
Retirement in different parts of the world is considered a period in which the retiree or retiree can dedicate their days to rest, socialize with peers, carry out leisure and recreation activities and, if necessary, start new business or personal ventures of various nature.
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