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As workforce ages, industries struggle to prepare for wave of retirements

Within a year of Johnney Pollan’s retirement, Dow Chemical asked him to come back. This time as a contractor.

With his pension after 31 years of work and his health-care benefits, he and his wife were living comfortably in East Texas. And he could devote more time to his hobby, archaeology.

But he answered the call, and his retirement plans have been put on hold — for more than a decade now. Pollan was one of a few hundred people skilled in a propriety language used to run processes at Dow’s plants. Many of them retired at once, and the company was caught in the lurch.

"A lot of the expertise was going out the door," said Pollan, 64. "And they found that they really needed it."

By Jason Alcorn and Jason Tomassini

Full Story: http://www.washingtonpost.com/business/as-workforce-ages-industries-struggle-to-prepare-for-wave-of-retirements/2011/08/29/gIQARlvVwJ_story.html

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