Thread regarding Bank of New York Mellon Corp. layoffs

Phased Retirement Policy

Does anyone know whether due to rules of certain countries BNYM has a phased retirement policy in any country? Meaning once someone reaches retirement age they can step down the number of days a week they work for a few years, while maintaining benefits.

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| 41952 views | | 1 reply (March 2, 2023) | Reply
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That's something our department (IT) has done for many years. We've had people working four-day weeks for a year or two before retiring. I think that's the minimum required to maintain full benefits.

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