voluntary retirement
Self-initiated career end
Voluntary retirement is leaving a job or career by one's own choice rather than being forced out.
The term often appears in corporate contexts where employers offer incentives—severance packages, early pension access—to encourage workers to leave willingly: The company offered voluntary retirement to reduce headcount without layoffs.
It implies agency on the employee's part, though the voluntariness may be nominal when the alternative is termination.
- pensionRetiree's ongoing benefit
- severanceTermination pay or disconnection
- buyoutPurchase of controlling interest
- golden handshakeLucrative payment upon departure
- gold watchTimepiece of precious metal
resignation · departure · farewell · freedom · leisure · package · benefits · final paycheck · exit · career · career change · workplace · office · goodbye · transition · second act · new chapter · sunset
- retirementretirees, pension plan, pension, pensioner, pension fund
- Retirement termspension, annuity, 401(k), IRA, Roth IRA
- government pensionsfederal pensions, pension fund, pension plans, survivor benefits, defined benefit
voluntary retirementforced retirement
Mandatory end of employment
mandatory retirement · layoff · firing · dismissal · redundancy
voluntary retirementleave of absence
Authorized extended time off
sabbatical · furlough · suspension · secondment · career break
voluntary retirementhiring
Giving someone work
onboarding · employment · career start · recruitment · promotion
voluntary, retirement, volunteer, voluntarily, involuntary, involuntarily, voluntariness, volunteerism, retire