Thread regarding Verizon Communications Inc. layoffs

What is the difference between an early out and a buyout?

I'd really appreciate it if somebody could clear this up for me.

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Post ID: @OP+11UJNI66

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There's a difference?

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Post ID: @txv+11UJNI66

Maybe Early out refers to retiring before age 55, with less than 30 yrs. pension penalized at .5% for every month left before 55. 6% per year.
Buyouts typically waive that penalty

That’s a guess, but the only difference I can think of

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Post ID: @gtg+11UJNI66

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