New York City Employment Lawyer

by Cary Kane, LLP

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Anheuser Busch Advocating Early Retirement

August 14th, 2008 · No Comments

In order to cut costs, Anheuser-Busch Cos. is encouraging salaried employees to retire early. The brewery company was recently bought by a Belgian brewer last month and is hoping to reduce costs.

The new plan provides better pension and retiree medical benefits. In addition, employees who are 55 years of age will be eligible for severance pay. There are 8,600 eligible employees, and the company is expecting 10-15% to accept the retirement plan.

If you are in need of legal assistance regarding employment law, contact the experienced New York City employment lawyers of Cary Kane LLP by calling 212-868-6300 today.

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