Tag Archives: retirement

When the Retirement Community Goes Bankrupt

When the Retirement Community Goes Bankrupt

Three years ago, when Bob and Sandy Curtis moved into an upscale continuing care retirement community in Port Washington, N.Y., he thought they had found the best possible elder care solution. In exchange for a steep entrance fee — about $840,000, funded by the sale of the Long Island house they had owned for nearly 50 years — they would …

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Cognizant raises India retirement age to 60 from 58 – Times of India

Cognizant raises India retirement age to 60 from 58 – Times of India

BENGALURU: Cognizant increased the India retirement age to 60 years from the existing 58. In an internal memo shared with employees, the firm informed them that this policy would be applicable to all associates in India. “This change aligns with common market practice and our commitment to attract and retain experienced talent,” the communication stated. TOI reviewed this memo. Most …

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