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VOLUNTARY TRANSITIONAL RETIREMENT PLAN (MTR) Southern Nazarene University understands the difficulty in planning for retirement years. For this reason the Board of Trustees has approved the following
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What is d-8 voluntary transitional retirement?
D-8 voluntary transitional retirement is a retirement plan that allows employees to gradually reduce their work hours and responsibilities before fully retiring.
Who is required to file d-8 voluntary transitional retirement?
The employees who wish to participate in the d-8 voluntary transitional retirement plan are required to file it.
How to fill out d-8 voluntary transitional retirement?
To fill out d-8 voluntary transitional retirement, employees need to provide their personal information, employment history, desired reduction in work hours, and retirement goals.
What is the purpose of d-8 voluntary transitional retirement?
The purpose of d-8 voluntary transitional retirement is to allow employees to gradually transition into retirement by reducing their work hours and responsibilities, thus facilitating a smoother retirement process.
What information must be reported on d-8 voluntary transitional retirement?
The information that must be reported on d-8 voluntary transitional retirement includes personal information of the employee, current employment details, desired reduced work hours and responsibilities, and retirement goals.
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