Older Workers Benefit Protection Act

Business, Legal & Accounting Glossary

Definition: Older Workers Benefit Protection Act


Older Workers Benefit Protection Act

Quick Summary of Older Workers Benefit Protection Act


A US federal law that makes it illegal for an employer to use an employee’s age to discriminate in benefits or for a company to target older workers for layoffs. This law also requires employers to allow employees at least 21 days to consider waivers not to sue offered by an employer in exchange for early retirement benefits.




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May 22, 2024 https://payrollheaven.com/define/older-workers-benefit-protection-act/.
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Older Workers Benefit Protection Act. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/older-workers-benefit-protection-act/ (accessed: May 22, 2024).
American Psychological Association (APA):
Older Workers Benefit Protection Act. PayrollHeaven.com. Retrieved May 22, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/older-workers-benefit-protection-act/

Definition Sources


Definitions for Older Workers Benefit Protection Act are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd April, 2020 | 0 Views.