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  • 1.  Retirement Age

    Posted 12-12-2018 14:13

    Does anyone stipulate a mandatory retirement age in your Radiologist's contracts?

     

    Thank you.

     

    Keith Indeck

    Practice Administrator

    Radiologic Associates of Middletown

    Guilford Radiology

    Middletown Vein & Aesthetics

    860-346-8481 (Middletown)

    203-453-5123 (Guilford)

     

     



  • 2.  RE: Retirement Age

    Posted 12-12-2018 14:23

    We do, and our mandatory retirement age is 67.

     

    Thanks,

     

    Brian Williams

    Co-Administrator

    Operations

     

    Diagnostic Imaging Associates, Inc.

     

     

     




    Original Message


  • 3.  RE: Retirement Age

    Posted 12-12-2018 14:41
    We do not have a mandatory retirement age. 

    Please contact me via email or at 417-894-0878 if you have any questions. Thanks and have a wonderful day. 

    Jay Smith, CPA, MBA 
    Business Manager
    Litton & Giddings Radiological Associates, P.C. 
    P.O. Box 14049
    Springfield, MO 65814 

    All information contained in this email is confidential (and may include Protected Health Information - PHI), belonging to the sender who is legally and/or medically privileged. The information is intended only for the use of the recipient named above. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or taking of any action based on the contents of this email is strictly prohibited. If you have received this email in error, please notify us and destroy the document immediately.





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  • 4.  RE: Retirement Age

    Posted 12-12-2018 14:48
    The Age Discrimination Employment Act (ADEA) prohibits mandatory retirement based on age.

    29 USC §621
    (a) The Congress hereby finds and declares that-
    (1) in the face of rising productivity and affluence, older workers find themselves disadvantaged in their efforts to retain employment, and especially to regain employment when displaced from jobs;
    (2) the setting of arbitrary age limits regardless of potential for job performance has become a common practice, and certain otherwise desirable practices may work to the disadvantage of older persons;
    (3) the incidence of unemployment, especially long-term unemployment with resultant deterioration of skill, morale, and employer acceptability is, relative to the younger ages, high among older workers; their numbers are great and growing; and their employment problems grave;
    (4) the existence in industries affecting commerce, of arbitrary discrimination in employment because of age, burdens commerce and the free flow of goods in commerce.
    (b) It is therefore the purpose of this chapter to promote employment of older persons based on their ability rather than age; to prohibit arbitrary age discrimination in employment; to help employers and workers find ways of meeting problems arising from the impact of age on employment.
    29 USC §623
    (a)Employer practices.  It shall be unlawful for an employer-
    (1)
    to fail or refuse to hire or to discharge any individual or otherwise discriminate against any individual with respect to his compensation, terms, conditions, or privileges of employment, because of such individual's age;
    (2)
    to limit, segregate, or classify his employees in any way which would deprive or tend to deprive any individual of employment opportunities or otherwise adversely affect his status as an employee, because of such individual's age; or
    (3)
    to reduce the wage rate of any employee in order to comply with this chapter.

    Just sayin'.

    Trusted to provide expert and caring radiology service for over 50 years

    Wayne Baldwin
    CEO
    (805) 879-7577

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  • 5.  RE: Retirement Age

    Posted 12-12-2018 14:58

    I thought I recently heard mention of this in the contract, but since I do not deal with the contracts, I could be mistaken.  The other administrator in the practice handles HR and finances (she is not currently here for me to bounce this off of).  The contracts are done through our attorney, so I am sure they are keeping it legal.

     

    Thanks,

     

    Brian Williams

    Co-Administrator

    Operations

     

    Diagnostic Imaging Associates, Inc.

     

     




    Original Message


  • 6.  RE: Retirement Age

    Posted 12-12-2018 15:06

    In past years the ADEA was capped at 65 and then at 70, but now it does not have an upper limit. That warrants another look at any contracts with mandatory retirement by age.

     

    Carol Hamilton, MBA, FRBMA, FACMPE, SHRM-SCP

    Chief Administrative Officer

    West County Radiological Group, Inc.

    11475 Olde Cabin Road, Suite 200

    St. Louis, MO 63141

    P: 314-991-8201

    F: 314-991-8282

    C: 314-307-2518

     



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  • 7.  RE: Retirement Age

    Posted 12-14-2018 15:31
    One of my clients, not a radiology group, has a mandatory buyout for shareholder physicians at age 70.  If the group agrees to let him/her continue to work after age 70, he/she can do so as a non-shareholder employee.
    --
    John E. Pugh
    Pugh Healthcare Business Advisors
    P: 609.644.4479 F: 609.228.5379
        www.pughadvisors.com
    Click to send text message: https://Line2Text.Me/JohnPugh




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  • 8.  RE: Retirement Age

    Posted 12-17-2018 11:00

    John:

     

    This seems to be the optimal solution.  Thanks so much for the feedback!

     

    Thank you.

     

    Keith Indeck

    Practice Administrator

    Radiologic Associates of Middletown

    Guilford Radiology

    Middletown Vein & Aesthetics

    860-346-8481 (Middletown)

    203-453-5123 (Guilford)

     

     




    Original Message


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