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Why did Purdue decide to offer the Retirement Incentive Program (“Program”)?

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Why did Purdue decide to offer the Retirement Incentive Program (“Program”)?

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The current economic climate has stimulated many businesses and universities, including Purdue, to explore a variety of tools to deal with budgetary pressure. A retirement incentive program is one such tool that many businesses and universities have successfully used to help reduce costs and maximize flexibility.

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