Issues with an Early Retirement and Redundancy Scheme

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This is 11 page paper looks at the costs and issues associated with the implementation of an early retirement and redundancy scheme. Is the case of an international employer; General Motors (GM), the paper looks at the way in which costs may be incurred. They pissed off by looking at the pension schemes which are in place within General Motors; of defined benefit and defined contribution schemes, considers the way in which payments from the schemes are made in order to identify the way in which both schemes could result in increased costs and stroke or liabilities for General Motors. The pay pens are some examples of the costs which have been incurred by General Motors as a result of the early retirement schemes. The bibliography cites 10 sources.