Flexible retirement

Flexible retirement means giving workers more choice in their retirement decisions. This may include modifying incentives to retire later, or by allowing workers to receive a part of their pension benefits while continuing to work at reduced hours. (Source)

Flexible work

Flexible work enables both individual and organisation needs to be met through making changes to the time (when), location (where) and manner (how) in which an employee works. (Source)

Functional age

Functional age refers to a person’s functional fitness level, compared to others of his/her same chronological age and sex.