Retiring Boomers May "Double Dip"
One retention solution being explored by the state of Florida for its teachers is to allow those nearing retirement age to "retire" and start collecting their pensions, while remaining on the job to collect their regular salaries. On the surface it appears to be a win-win situation; the state retains experienced teachers, while the teachers are motivated by a substantial pay increase while they continue to fund their pensions.
Of course, such a plan would only work for employers with functioning pension systems...
Source: Herman Trend Alert