All Questions and Answers about Settlements and Releases

Worried about signing Seperation Agreement
5/10/07 I was told I was "Permanently Laid-Off" and was presented with a "Separation Agreement & General Release" document. Item #1 states "Employee will resign their employment effective May 10, 2007...
1 answer  |  asked May 13, 2007 9:22 PM [EST]  |  applies to Ohio

Wrongful termination & severance accepted under duress
My husband was fired after 5 years in the company for "vague" reasons. He was the Executive VP and CFO for the company. He has been given several promotions recently and a pay raise 3 weeks ago. His b...
2 answers  |  asked Feb 27, 2007 7:07 PM [EST]  |  applies to Illinois

Possible discrimation- take the severance anyway?
I was recently laid off after 7 years of employment (manager position for 4), I was told my position was being eliminated due to restructure. I was a manager of dept. of 4 employees. I am a 43-year ol...
1 answer  |  asked Jan 6, 2007 8:55 PM [EST]  |  applies to Pennsylvania

Can I lose my severance package if I request a wording change?
I have be let go from my job and offered a severance package that requires signing a document. I understand that if I send a counter offer, the company no longer is obligated to honor their original s...
1 answer  |  asked Sep 28, 2006 5:22 PM [EST]  |  applies to California

When does the 21-days review period begin?
My company has offered me a severance package today 11/18/05 and stated that my last day of employment will be 11/30/05. However, the letter states that I will have 21-days to review the agreement/off...
1 answer  |  asked Nov 18, 2005 8:50 PM [EST]  |  applies to Illinois

Separation Agreement
I was recently terminated due to a merger. I am 44 years old and was emplyed for 13y 9m. I have been offered a Special Seperation Plan (SSP) (ERISA plan - 10 pages); an addedum to the SSP providing AD...
2 answers  |  asked Sep 23, 2003 2:34 PM [EST]  |  applies to California