Comment by smurph

Big defense contractors have a yearly VRIF (Voluntary Reduction In Force), which is when they offer slightly better than average retirement packages to expendable older employees. Young people would never get the offer (because they couldn't retire) and important older engineers would also never get the offer, even though many of them wanted it. This is a big improvement over that since it can be used by younger employees and the employee decides unilaterally if they want the package.