partial credit is an option for those whose schedules vary over their careers.
by marc rosenberg
retirements & buyouts
full vesting age is different than mandatory retirement age.
more on partner retirement: retirement vesting: the devil’s in the details | compromise is in order for some goodwill payouts | when retiring partners take a specialty with them | if clients leave, do you reduce retirement benefits? | three ways to calculate goodwill payable in partner buyouts, none of them great | the ins and outs of aav for goodwill | clients leaving? time to reduce retirement benefits | how to set terms and limits for goodwill payouts | partners may balk at guaranteeing retirement obligations
these two ages are similar, but most firms treat them differently. for instance:
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