Law firm removes all references to age from its pension package

Clifford Chance has voted through amendments to its pension package so all references to age are removed.

Until now partners retiring at 55 have received 25% of their final profit share every year until they reach 60. Although the annuity package is being phased out, with those who made partner after 2005 not entitled to any payments, the firm felt these terms left it open to possible age discrimination claims.

As revealed in The Lawyer (19 November 2007), the firm waited for the outcome ... (24 more words)

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