Document background
The Early Retirement Letter is a crucial document used in Hong Kong employment contexts when an employee and employer mutually agree to terminate the employment relationship before the standard retirement age. This document is typically used during corporate restructuring, voluntary retirement programs, or individual arrangements. It must comply with Hong Kong's Employment Ordinance, MPF Schemes Ordinance, and other relevant legislation. The letter should clearly articulate the retirement date, final payment calculations, treatment of benefits, continuing obligations, and any special arrangements. It serves as a formal record of the agreement and helps prevent future disputes by clearly documenting all terms and conditions of the early retirement arrangement. The document is particularly important in Hong Kong's business environment, where early retirement schemes are often used as a means of workforce management and restructuring.
