Friday, January 23, 2015

Workers in New Boomerang: reinstated pensioner

Businessman with a laptop on the road
Getty


By Chris Farrell

You've probably heard of boomerang kids who heard back at home by their parents in their 20s (maybe you have one). But there is a growing group of boomerangers which is usually at 60: retirees who work part-time or contract basis for the same employer, the date return full-time jobs.

If you are looking for work in retirement, you may want to consider avoiding the search for employment and becoming.

Employer to rehire retirees

Set a handful of employers formal programs to remove again. One of the Aerospace Corp., technical analysis and evaluation of the national security programs and commercial space that offers so-called casual retirement. Approximately 3,700 employees of the company are mainly engineers, scientists and technicians, as well as aerospace is pleased some who bring in retirement.

"With all the knowledge that these people who we can to make them for their experience," says Lazar Charlotte Morrison, vice president of human resources for the aerospace industry, in El Segundo, California. "Casual employees are part of our culture."

The 300 employees eventual Aerospace (love that word, right?) You can store up to 1,000 hours per year and generate more profit (enterprise retirees and to obtain health insurance). Most earn the salary they did before their status as part-time course in proportion.

Why Aerospace Corp. back "Casuals"

The "casual" program allows you to manage Aerospace has a kind of personnel system just-in-time. "So we can keep people ready when we need it," says Lazar Morrison.

Ronald Thompson casuals joined Aerospace in 2002 after his retirement at the age of 64, had for the company full-time working since 1964 to support program management, systems engineering, systems integration and testing and operations to the Department of Defense. "This is a very good way to make the transition to retirement," he said. "We have both the physical and mental stimulation to keep you young."

Thompson, on the border of 1,000 hours for the first few years Now in his mid-70s, he is reduced to about 10 hours per week, most employees on time mentoring young aerospace industry. I asked if he planned to stop working Thompson. "I think my action is when people do not listen to me," he laughs. "It's going to happen."

At MITRE Corporation, an approximately 400 of his 7,400 employees nonprofit that research and development centers nationwide "called part-time" on a voluntary retirement program operates funded. These workers retire progressive flexible part-time money from pension plan MITRE while working.

Why some employers do not have to adjust programs again

Why run most employers do aerospace and MITRE do?

On the one hand a considerable investment of resources is needed to create a program for older retirees. So those who can pay are those with professionals that provide customers with expertise.

On the other hand, some employers are reluctant prisoner of the work and the complex tax rules. For example, the IRS can usually requires companies with pension plans to delay reinstatement retired for at least six months after they left.

But experts believe that the benefits of the boomerang can a lot of sense for retirees and employers, where they are working full time.

"I think it's very logical far to return to work, so there is a lot of potential for growth if done easier," says Anna Rappaport, half a century Fellow of the Society of Actuaries and the head of his own company Anna Rappaport advice. "To clarify the legal issues and made easier."

Bring outsourcing retired

More and more companies are outsourcing the task to some of its retirees. The independent consultancy Your Core, created by Procter & Gamble and Eli Lilly, acts as a matchmaker between companies that are experts parachute and try urgent "unretirees" qualifying income and want a challenging time informally. Your core has more than 8,000 experts in their network; 65 percent with advanced degrees.

Blue Cross / Blue Shield of America "Blue Bring Back" program allows administrators to a former employee of Retired ask whether a project or temporary assignment requires someone who knows the process and corporate culture. Kelly Outsourcing and Consulting Group manages the program.

Tim driver, conductor RetirementJobs.com, plans to enter the business so that it's easier for employers, pensioners adjust again. Their research shows that this type of program works best for companies that difficult to find an easy access to unique talents and skills must flexible as insurance adjusters plans. When a storm going on, the head, the insurers have the trained group of property damage, the knowledge of their sinister political process are quick to send.

"It's an interesting approach for companies, people want to have available, but not in his books [full-time employees]," he said.

The option to participate in a formal agreement of outsourcing is probably the aging of the baby boomers and their embrace to increase later retirement. Meanwhile, this kind of work is the treatment "will be mostly ad hoc," says David DeLong, president of the consulting firm strategies intelligent workforce.

How do you get withdrawn in retirement

How can you get a part time job with his former employer retirement?

Delong recommended to address the problem while you are at work. (My father always said that six months after leaving an employer, people start to forget who developed and understand how to get along without you.)

"Get the idea with the boss," Drilon said. "Do not assume that they would not be interested in part-time on them. The worst thing they can do is" "say." No

Accept employment with his former employer retirement later can be a win-win for you and your boss once and future. Finally you have the knowledge and skills to do the job, and the employer knows who you are and what you can do.

I suspect that this scheme to flexible become a boomerang most boomers back to postpone retirement.

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