Older Worker Benefit Protection Act (OWBPA)

The Older Worker Benefit Protection Act (OWBPA) is a U.S. law designed to protect older employees from age discrimination, especially regarding benefits. It ensures that employers do not discriminate against workers aged 40 and older in terms of salary, retirement, and health benefits. The law requires that any reductions in benefits for older workers must be justified and fair. Additionally, it mandates that employers provide clear written information to employees when asking them to waive their rights under age discrimination laws, allowing them to make informed decisions.