{"id":36970,"date":"2008-03-26T16:35:41","date_gmt":"2008-03-26T21:35:41","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/uncategorized\/how-old-are-your-workers-now.html"},"modified":"2008-03-26T16:35:41","modified_gmt":"2008-03-26T21:35:41","slug":"how-old-are-your-workers-now","status":"publish","type":"corporate","link":"https:\/\/corporate.findlaw.com\/litigation-disputes\/how-old-are-your-workers-now.html","title":{"rendered":"How Old are Your Workers Now?"},"content":{"rendered":"
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Like many firms trying to stay competitive, your company may cut costs by reducing its workforce. When "older workers" are involved, there are additional moral and legal complications.<\/p>

Background: Under the Older Workers Benefit Protection Act (OWBPA), age-based differences in employee benefits may be permitted only if they are justified by significant cost considerations. The OWBPA may also affect the structure of early retirement incentives.<\/p>

Typically, when an employer offers an early retirement package, it requires the employee to waive any potential employment discrimination claims. The OWBPA has established certain minimum standards for a "knowing and voluntary" waiver to be enforceable.<\/p>