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Revised 6/7/2022SAMPLE TEMPLATEBasic (up to 3 years) Phased Retirement Plan PRINCETON UNIVERSITY Dean of the Faculty 9 Nassau Validate: TO:ProfessorFROM:Deborah A. PrenticeSUBJECT:Basic Phased Retirement
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How to fill out basic phased retirement plan

01
Contact your employer to see if they offer a phased retirement plan.
02
Review the eligibility requirements and determine if you meet them.
03
Fill out the necessary forms and paperwork provided by your employer.
04
Consider meeting with a financial advisor to discuss how phased retirement will impact your financial situation.
05
Submit the completed paperwork to your employer and await approval.

Who needs basic phased retirement plan?

01
Individuals who are approaching retirement age but are not yet ready to fully retire.
02
Employees who want to gradually reduce their hours and workload before fully retiring.
03
Workers who want to ease into retirement while still maintaining employment benefits.
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A basic phased retirement plan is a program that allows eligible employees to reduce their work hours gradually and begin receiving retirement benefits.
Employees who are eligible for phased retirement and wish to participate in the program are required to file basic phased retirement plan.
To fill out basic phased retirement plan, employees must provide personal information, work schedule changes, retirement goals, and any other required details specified by the employer.
The purpose of basic phased retirement plan is to provide employees with the option to transition into retirement gradually while still being able to work part-time.
Basic phased retirement plan must include details about the employee's work schedule changes, retirement benefits options, and any other relevant information regarding the phased retirement process.
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