Application for Aarp Dental Insurance - DOC

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					FOR IMMEDIATE RELEASE                               Contact: Chryste Hall / 617-305-0515
September 25, 2007                                           Jennifer Beam / 617-305-0562

           Recognized for Creating Exemplary Policies Toward 50+ Employees

BOSTON – Ranking in the Top 10, Massachusetts General Hospital (MGH) in Boston is the only Bay
State employer included on the 2007 list of AARP Best Employers for Workers Over 50, announced
today. AARP recognized 50 employers from across the country for demonstrating that enlightened
policies toward 50+ employees make good business sense.

“Employers who take a world class approach in their policies toward 50+ workers understand that it
pays off in more productive employees,” said AARP Massachusetts State Director Deborah Banda while
announcing this year’s winner from Massachusetts. “As employers face the coming age wave in the
workforce, it’s in their best interest to keep 50+ workers on the job.”

It is a demographic certainty: the workforce is aging, and the leading edge of the 76-million boomer
generation is nearing traditional retirement age. At the same time, the pool of younger, replacement
workers is smaller than previous generations and may not be sufficient to meet employer needs. “In
Massachusetts,” Banda added, “this double-edge sword becomes sharper when we consider population
declines and sluggish economic growth. Employers who prepare today have the potential to better
compete tomorrow.”

Other companies who were acknowledged by AARP for their forward thinking policies included the
Principal Financial Group (#9), Volkswagen of America, Inc. (#17) and Michelin North America (#44).
Each gained honors in what is the seventh year of AARP’s annual Best Employers search. MGH (#10
in 2007) also received accolades from AARP in 2006 (#39).

"Since the hospital was founded in 1811, we have relied on the wisdom and talent of our more
experienced doctors, nurses, administrators and support staff to provide excellent patient care, conduct
cutting-edge medical research, make important business decisions for the hospital and to train the next
generation of health care providers,” said Jeff Davis, Senior Vice President for Human Resources at
MGH. “Recognizing the value of our more experienced and mature employees is a tradition that lives
on today. We are very proud of this honor from AARP for recognizing the importance of this significant
segment of our workforce."

At MGH, workers age 50 and over make up just less than 30 percent of the workforce. To retain these
workers, the hospital offers:

      a competitive benefits package for full- and part-time employees including health, prescription
       drugs, vision, dental, and long-term care insurance;
      retirement savings plans;
      ongoing learning and development programs such as tuition reimbursement, on-line training, in-
       house classroom training and certification classes;

AARP 2007 BEST EMPLOYERS FOR WORKERS OVER 50 / September 25, 2007 / Page 2

      flexible work options such as part-time, off-shifts, weekend and rotating schedules, job sharing,
       flex time, compressed work schedules, telecommuting;
      a formal phased retirement program;
      work options for retirees such as temporary assignments as well as consulting or contract work;
      child care to employees with grandchildren as well as elder care.

“Paying attention to your employees’ needs pays dividends,” Banda noted. “It’s important that more
employers – both large and small – recognize what tremendous assets 50+ employees represent because
of the skill and experience they bring to the workplace.”

The AARP Best Employers winners will be honored at a dinner in New York, NY on September 26,
2007. A CEO roundtable discussion focusing on a new AARP study examining best practices for
meeting the needs of 50+ workers among international and multinational corporations representing G7
countries will take place earlier that day. A similar CEO roundtable discussion will be convened in
Boston this December.

AARP invited employers to apply for the Best Employers honor by submitting an application outlining
their exemplary policies and practices toward 50 and over workers.

Candidates underwent extensive vetting prior to final selections. Key areas of consideration included:
recruiting practices; opportunities for training, education and career development; workplace
accommodations; alternative work options, such as flexible scheduling, job sharing, and phased
retirement; employee health and pension benefits; retiree benefits; and age diversity of the workforce.

AARP is a nonprofit, nonpartisan membership organization that helps people 50+ have independence, choice and
control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse
candidates for public office or make contributions to either political campaigns or candidates. We produce AARP
The Magazine, published bimonthly; AARP Bulletin, our monthly newspaper; AARP Segunda Juventud, our
bimonthly magazine in Spanish and English; NRTA Live & Learn, our quarterly newsletter for 50 + educators;
and our website, AARP Foundation is an affiliated charity that provides security, protection, and
empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. We have
staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

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