What does Age Discrimination In Employment Act of 1967 mean? Read on to discover the definition & meaning of the term Age Discrimination In Employment Act of 1967 - to help you better understand the language used in insurance policies.
Age Discrimination In Employment Act of 1967
A law that prohibits the making of employment decisions (e.g., hiring, promotion) based on age. It applies to employees or applicants who are 40 years or older and to companies with 20 or more employees. The ADEA specifies various remedies if a firm is found to have violated the law. Some of these include: hiring an applicant who was discriminated against, reinstating a terminated employee, and paying of back wages, liquidated damages, "front" pay until an employee reaches the age of 70, court costs, and attorneys' fees.
We hope the you have a better understanding of the meaning of Age Discrimination In Employment Act of 1967.