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JAPAN - Toyota Motor Corp. will offer retired employees who want to stay on the option of working half the number of hours of regular workers at some plants from April, according to sources.
The "half-time" system is a response to the growing number of employees who hope to continue working after reaching the mandatory retirement age of 60, and is one option the automaker plans to implement to aid employment among its retired staffers.
If the experiment goes smoothly, Toyota will consider introducing the system at all of its plants, the sources said.
Under the system, employees who wish to keep working after retiring are expected to be given the option of working full-time or half-time.
The Toyota Motor Worker's Union adopted the measure at a regular convention Saturday, along with other steps aimed at making it easier for workers to stay on after turning 60.
Companies are obliged to reemploy retirees who are willing to work through the age of 65 under a revised law that will take effect April 1.
Toyota's "half-time" system could spread to other manufacturers if it proves successful, according to observers.
 
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