How do “retention schedules” work?
•by identifying groups of records that are created for similar purposes;
•by identifying the length of time those groups are generally needed;
•by determining the best means of destroying obsolete records;
•by recording the policies which include: description of the records, length of time kept, and means of disposal;
•by maintaining a database that ties the specific records (boxes or folders) to a general record typed;
•AND THEN FOLLOWING THE SCHEDULE AS CLOSELY AS POSSIBLE.
•Allows for the routine disposal of records, lessening needs for space, reducing liabilities, while meeting the needs for which the records are created.