This congressional hearing addresses the issue of the waiver of rights under the Age Discrimination in Employment Act (ADEA). It reviews an Equal Employment Opportunity Commission rule permitting employees to waive their rights under the ADEA without federal supervision. Testimony includes statements, prepared statements, articles, publications, and communications from the Assistant Secretary of Labor, Solicitor of Labor, United States Senators, private citizens, and individuals representing the United States Activities Board, University of Wisconsin Law School, American Association of Retired Persons, United States Chamber of Commerce, California Employment Council, Equal Employment Opportunity Commission, Boston College Law School, Polaroid Corporation, Union Carbide Corporation, AT&T, and IBM. (YLB)