Age Discrimination in Employment Waiver Protection Act of 1988

[AI summary unavailable — showing source text] Age Discrimination in Employment Waiver Protection Act of 1988 - Amends the Age Discrimination in Employment Act of 1967 (the Act) to prohibit an individual from waiving any right under the Act without the supervision of the Equal Employment Opportunity Commission (EEOC) or a court, except in settlement of a bona fide claim alleging a certain kind of prohibited age discrimination. Allows an individual who makes a bona fide claim arising from an early retirement incentive or other employment termination program that involves an offer of enhanced benefits to a group or class of individuals to settle the claim in accordance with specified conditions, but only if represented by counsel and the consideration received for settlement is additional to the enhanced benefit. Allows a settlement of a bona fide claim to occur only if the settlement is knowing and voluntary and only if: (1) a settlement agreement applicable to such claim is in writing and specifically refers to rights or claims arising under the Act; (2) the agreement does not waive rights or claims that may arise after the date the agreement is entered into; (3) the rights or claims are waived in exchange for consideration oth…