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Old 11-11-2012, 08:44   #142
TheJ
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Quote:
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.
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