European Stars And Stripes (Newspaper) - April 24, 1978, Darmstadt, Hesse                                Page 20 the stars and stripes new retirement Law what does it mean associated press now that president Carter has signed a Law raising the mandatory retirement age to 70 for most effective next Here Are some answers to questions to explain the far reaching legislation question Jast what does the Law provide answer starting next it you Are an employee in a private business that has at least 20 persons on the pay your Boss cannot make you retire your 70lh Federal workers cannot be forced to retire at any age after of this q can your either alone or through a new Union make you work until age 79 before collecting re ure meat benefits a pension Laws require 100 percent vesting of pen sums not later than 65 unless the employee has less than 10 years of service at that the Choice is yours As to whether you retire at age 65 or at age q u a private sector employee tarns 65 on Al of is does he have to retire a a person turning r5 this year gels Little help from the but the Overall age discrimination in employment act of 19s7 protects against discrimination in Nimg As a person who is forcibly retired in these months before the increase to age to takes effect could for his or her old Job immediately after 1 presumably you Are qualified to fill your old Job or a q win a persons social Security payments be affected v he or she remains of the Job past 65 a but not As a result of this Bill any earnings 2irjl2 1978 t reduce oils soul Security Bene fits 50 cents for each Dollar Over that ceiling until Aee alter that you can make All you q workers who stay of the Job past 65 get any and images when they eventually collect social Security a by allowing people to remain on the Job past Ace 65 if they so the Bill will permit those arsons to earn a Bonus once they do Start receiving social Security tetanus will be 1 percent for each year they work beyond age 65 for ii you worked until age your checks would be percent higher than they would Bare been at age with the same earnings history be ginning in the Bonus is increased from l percent to 1 percent for each ear of work under the new social Secu Rity q does the Bill change 65 As the age when War Kurt eat Wilre Aad receive fan social Sec Artty pay meat a age 65 is the age for full payments under social and nothing in the Bill changes q can u employer fire a person Between 65 and 70 for any reason a the Law explicitly permits a persons Dis charge from the lob Lor such As the whole Point of the Bill is to require that employment decisions be made on the basis of not arbitrary q mat win of effect of the Bill be on pension Coo could Perm continue working beyond age is and still draw pension benefits a p of most plans requires that a worker retire before being eligible for a nothing in the my changes is there Are plans that require payment of a pension at a specified rather than on those plans could be changed without violating the Law in order to encourage the hiring of older present Law does not Force an employer to pay a full pension at age 65 or 70 to a person for at Ace 62 b q is military retirement affected a its a separate q does the nil affect Media seas who remain of the Jab a once a person turns he if older americans stay a a the labor department e older people might Remakel Force As a result of these the More than 2 million Federal Bill remained on the Job after the Tir ement age of nine out of ten cd beneficiaries who had been Emp Wettl now receive their first Check before Afef q the Bill permits bassinets to steal High level executives wife retire neat i at age Many Low level workers might fit that them a an employee cannot be retired at i cause he or she tits the retired must be in a High policymaking executive q what would prevent a employer i moving a worker into a High Job Cyma Aad then retiring him or her at age to a an employee must have been in that years prior to stale Aad Giacal felled a they Are now covered by the govern private they could until age q How Are Federal employees i for Federal Law traffic controllers and a few t retirement at age 70 will be banned As Al q what will died be i tire meat plans a age provision is be  comes first 4 Are there Many employer wet mandatory retire meat Ages at Al Aad i stay of past any set Birt Dayr a two thirds of the have any set mandatory retirement j who can Yon write to to Yaa  your local office of the Label by Erin Bombyk especially mixed by a Man wha at wits end Draag Ream Pant with they were having a wonderful Sale on those carpet kits that contain Enola carpet to cover a Standard 6 by Bath my bathroom measures by i have the kind of sweeper bags that can Only be gotten from the wholesale tors of the who Are closed at you know Why pm frustrated today i just figured out the Gooe through life frying Square Bacon in a round alien i finally found a Square i was Stih stuck with four round Burner is toe Story of 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