Retirement - Definition - Law Dictionary Home Dictionary Definition retirement

Definition :

Retirement, means termination of the service of an employee otherwise than on superannuation. [Payment of Gratuity Act, 1972 (39 of 1972), s. 2(q)]

Voluntary termination of ones own employment or career, esp. upon reaching a certain age, Black's Law Dictionary, 7th Edn., p. 1317.