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1. Date and Address Block: Formal letter heading including date and recipient's details
2. Subject Line: Clear indication that this is an Early Retirement Letter
3. Opening Statement: Confirmation of early retirement arrangement and reference to any prior discussions
4. Effective Date: Clear statement of when the early retirement takes effect
5. Final Working Day Arrangements: Details of the employee's last working day and any handover requirements
6. Financial Settlement: Overview of all financial payments including salary, MPF, and any other entitlements
7. Company Property: Requirements for returning company property and equipment
8. Continuing Obligations: Reference to ongoing confidentiality and non-disclosure obligations
9. Full and Final Settlement: Statement confirming this represents full and final settlement
10. Acknowledgment: Space for employee acknowledgment and acceptance
11. Closing and Signatures: Formal closing, signature blocks for both parties
1. Medical Benefits Extension: Details of any continued medical coverage, if applicable
2. Long-term Incentive Plans: Treatment of outstanding shares, options or other long-term incentives
3. Consultancy Arrangements: Details of any post-retirement consultancy arrangement
4. Reference Provision: Terms regarding providing future employment references
5. Garden Leave: Details of any garden leave period before effective retirement date
6. Non-Compete Provisions: Any post-retirement competition restrictions, if applicable
7. Outplacement Support: Details of any career transition support provided
1. Schedule 1 - Payment Breakdown: Detailed breakdown of all financial payments including salary, leave, bonuses and MPF
2. Schedule 2 - Benefits Summary: Summary of treatment of various benefits including insurance, medical, club memberships
3. Schedule 3 - Company Property List: Itemized list of company property to be returned
4. Appendix A - Tax Information: Information regarding tax treatment of various payments
5. Appendix B - MPF Information: Details of MPF arrangement and processing
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