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Severance Memorandum | Employment Law
Tags: Albany Law | Employee Benefits | Individual Employment | Lawyers | Legal Counsel | Litigation Law | New York Law | Syracuse Lawyers
Paying severance raises unique legal issues and pitfalls that employers and their advisors often fail to recognize.This memorandum addresses several of those pitfalls including the application of ERISA, the enforceability of releases and waivers, new tax law to consider in designing and administering separation pay and reimbursing expenses in connection with severance.