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    An early retirement incentive program or ERIP is an employer sponsored plan which provides special benefits or incentives to an employee who makes the decision to retire
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    gram or ERIP is an employer sponsored plan which provides special benefits or incentives to an employee who makes the decision to retir
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    e who makes the decision to retire sooner than they had otherwise planned.

    However, more often than not such a program is offered to those employees who are close

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