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Acceptance Of Retirement Letter
"I need an Acceptance of Retirement Letter for a senior executive retiring after 25 years of service, with special provisions for retaining company health benefits and acting as a consultant post-retirement, effective March 1, 2025."
1. Opening Details: Date, employee's name and address, company letterhead, and reference number
2. Acknowledgment of Retirement Notice: Formal acceptance of the employee's retirement request, confirming the received notice and effective retirement date
3. Confirmation of Final Working Day: Clear statement of the last working day and any transition arrangements
4. Outstanding Payments: Details of final salary, unused annual leave payments, and any other outstanding payments
5. Company Property Return: List of company items to be returned before departure (ID cards, equipment, etc.)
6. Expression of Appreciation: Acknowledgment of the employee's service and contributions to the company
7. Closing and Signatures: Formal closing, signature lines for both employer and employee
1. Pension Arrangements: Include when specific pension-related actions or choices need to be documented
2. Health Insurance Continuation: Include when there are specific health insurance arrangements or options post-retirement
3. Exit Interview Arrangements: Include when an exit interview is to be scheduled
4. Post-Retirement Benefits: Include when offering specific post-retirement benefits or privileges
5. Handover Plan Reference: Include when there are specific handover requirements or arrangements
1. Schedule A - Final Payment Calculation: Detailed breakdown of final payment including salary, leave, and other entitlements
2. Schedule B - Company Property Checklist: Itemized list of company property to be returned
3. Appendix 1 - Pension Information Pack: Details of pension arrangements and required forms
4. Appendix 2 - Post-Employment Benefits Summary: Summary of any continuing benefits or entitlements after retirement
Authors
Financial Services
Technology
Manufacturing
Retail
Healthcare
Education
Public Sector
Professional Services
Construction
Transportation
Hospitality
Non-Profit
Energy
Telecommunications
Human Resources
Legal
People Operations
Employee Relations
Personnel Administration
Compensation and Benefits
Corporate Governance
Operations
Human Resources Director
HR Manager
People Operations Manager
HR Business Partner
Employee Relations Manager
HR Administrator
Legal Counsel
Company Secretary
Operations Director
Chief Human Resources Officer
HR Specialist
Retirement Benefits Coordinator
Compensation and Benefits Manager
Personnel Manager
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