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Old 11-11-2012, 08:44   #142
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Originally Posted by Remander View Post
A federal law, ERISA, prohibits employers from terminating employees prior to the vesting of their retirement plans in order to avoid the payment of a pension or the issuance of other pension benefits to the employee.
Correct. It's also illegal to term somebody based on their being old... Which is why I ask how it would save money.

The whole no-reason is practically never used by employers because it opens them up for expensive legal battles.

The test of a first rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function. -F. Scott Fitzgerald
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