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Retirement Plan ....

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RETIREMENT PLAN

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As a result of automation as well as declining workload,

Management must of necessity take steps to reduce our work

force. A reduction in force plan has been developed which

appears the most equitable under the circumstances.



Under the plan, older employees, will be placed on early

retirement, thus permitting the retention of employees who

represent the future of the company.



Therefore, a program to phase out older personnel by the end of

the current fiscal year via early retirement will be placed into

effect immediately. The program shall be known as (Retire Aged Personnel Early).



Employees who are will be given an opportunity to seek

other jobs within the company, provided that while they are being

they request a review of their employment status before actual

retirement takes place. This phase of the operation is called

SCREW (Survey of Capabilities of Retired Early Workers).



All employees who have been and SCREWED may also apply for

a final review. This will be known as SHAFT (Study by Higher Authority Following Termination).



Program policy dictates that employees may be once and

SCREWED twice, but may get the SHAFT as many times as the company

deems appropriate. 



Good Luck.

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