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Intel is offering its retirees year-long $25,000 stipend designed to help transition them into the nonprofit world. But why?

"Intel has something new inside: A $25,000 retiree benefit to help older workers transition into new careers in nonprofit organizations. Last year, the Santa Clara technology giant launched the Intel Encore Career Fellowship -- a program offering a paid, one-year, $25,000 stipend to encourage near-retirement employees to put their skills to work in new careers with a social purpose. The fellowships are part of a broader movement to encourage encore careers spearheaded by Encore.org, a nonprofit led by Marc Freedman, a leading thinker and author on the topic." --Mark Miller, Reuters

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