Perhaps it's time to take a philosophical assessment of your company's retirement plan. Does it exist simply out of a sense of obligation, or because your competitors have one?

Or does your culture support it because of a belief that employees should have something to show for their labor after they have left the company?

If the latter is true, but you still have outdated eligibility policies for participation in the plan, then a reconsideration of those policies may be in order.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.