TIAA-CREF, a Fortune 100 financial-services organization that employs 12,500 workers in more than 100 local offices, announced a "special, one-time Voluntary Retirement Program" on Tuesday in a memo to its employees. The company is offering this "opportunity" to people age 50 and older who have at least 10 years' tenure at the company, or at least five years' tenure for those 55 and up. Eligible employees who choose to participate will receive unspecified financial incentives. We received a copy of the memo from an anonymous tip. TIAA-CREF confirmed the existence of the program and declined to comment further, emphasizing that...
