There is nothing realistically problematic for an employer to conduct voluntary retirement prior to dismissal for management. Therefore, it will not be legally acceptable to restrict or prohibit voluntary retirement to employers. However, by breaking the link between voluntary retirement and recommended resignation for employers who abuse voluntary retirement, it will be possible to prevent retirement against the will of workers in advance, and to promote a stable settlement of the retirement age of 60 guaranteed under the Elderly Employment Promotion Act.
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Joon-sik Bang (2024) studied this question.
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