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Altersteilzeit

part-time early retirement scheme

noun AL-ters-tile-tsite Rare
People & Society Work

Also means

phased retirement

Usage Note

Altersteilzeit is a German legal arrangement allowing older employees (typically 55+) to reduce their working hours gradually before full retirement, often subsidised by the Bundesagentur für Arbeit. The 'block model' (Blockmodell) is the most common variant.

Examples

"Mein Vater ist in Altersteilzeit und arbeitet nur noch drei Tage die Woche."

Natural Translation

My father is on a phased retirement scheme and only works three days a week now.

Literal Translation

My father is in part-time-early-retirement and works only still three days the week.

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