|| Author: Duncan Riley|

Separation Agreement For Employees Over 40

Here are some common staff inquiries regarding termination agreements: What does this mean for you? If you have been offered a termination contract and you would like to either renegotiate or have questions about your rights, you should contact a lawyer as soon as possible to discuss your options. Time is not on your side. You need the best advice you can get before you decide to accept, refuse or renegotiate the proposed agreement. Employers should ensure that workers have time to consider whether to sign a redundancy agreement, a time frame that varies depending on the age of the workers. This particular legal requirement must be met to allow for the application of a release of rights from the Age Discrimination in Employment Act (ADEA), as amended by the Older Workers Benefit Protection Act (OWBPA). .

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