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What (who) is compulsory retirement - definition
SET AGE AT WHICH PEOPLE WHO HOLD CERTAIN JOBS OR OFFICES ARE REQUIRED BY INDUSTRY CUSTOM OR BY LAW TO LEAVE THEIR EMPLOYMENT, OR RETIRE
Mandatory retirement age; Compulsory retirement; Enforced retirement
Mandatory retirement
Mandatory retirement also known as forced retirement, enforced retirement or compulsory retirement, is the set age at which people who hold certain jobs or offices are required by industry custom or by law to leave their employment, or retire.
Compulsory license
LICENSE PROVIDING THAT THE OWNER OF A PATENT OR COPYRIGHT LICENSES THE USE OF THEIR RIGHTS AGAINST PAYMENT EITHER SET BY LAW OR DETERMINED THROUGH SOME FORM OF ADJUDICATION OR ARBITRATION
Statutory license; Compulsory licensing; Compulsory licenses; Compulsory licence; Compulsory License; Compulsory patent licences; Compulsory patent licence; Compulsory patent license; Compulsory patent licenses; Compulsory licences; Mandatory collective management
A compulsory license provides that the owner of a patent or copyright licenses the use of their rights against payment either set by law or determined through some form of adjudication or arbitration. In essence, under a compulsory license, an individual or company seeking to use another's intellectual property can do so without seeking the rights holder's consent, and pays the rights holder a set fee for the license.
retirement
POINT WHERE A PERSON CHOOSES TO PERMANENTLY LEAVE THE WORKFORCE
Retired; Retire; Stepping Down; Early retirement; Retiring; Retirement calculator; Retirement account; Nivrut; Semi-retired; Rtrd.; Retirement migration
(retirements)
Frequency: The word is one of the 3000 most common words in English.
1.
Retirement is the time when a worker retires.
...the proportion of the population who are over retirement age...
N-VAR: oft N n
2.
A person's retirement is the period in their life after they have retired.
...financial support for the elderly during retirement.
N-UNCOUNT
Wikipedia
Mandatory retirement
Mandatory retirement also known as forced retirement, enforced retirement or compulsory retirement, is the set age at which people who hold certain jobs or offices are required by industry custom or by law to leave their employment, or retire.
As of 2017, as reported by the Organisation for Economic Co-operation and Development (OECD), only three European member states (UK, Denmark and Poland) and four OECD countries (Canada, Australia, New Zealand, United States) had laws banning mandatory retirement.
Examples of use of compulsory retirement
1. The current compulsory retirement age for pilots and cabin crew is 55 but BA plans to increase this to 60.
2. High–ranking Baathists will be sent to compulsory retirement and those involved in crimes will stand trial, though their families will still have the right to pension.
3. Compulsory retirement ages below 65 are also to be abolished, allowing people to work beyond normal pensionable age if they choose.
4. Acting upon a report from the Registrar (Vigilance) of the High Court in August 2005, the state government said the conduct of the judge was violative of Delhi Judicial Services and asked him to go for compulsory retirement.
5. Some BP insiders believe that Browne’s enemies have used the company’s compulsory retirement age to stop him either staying on as chief executive or stepping up to the role of part–time chairman himself.