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Getting Severance Right Through ERISA
Wagner Law Group, via Bloomberg Link to more items from this source
July 13, 2020

"Just because an employer's practices are unwritten and informal doesn't mean that they are unenforceable; they can often create a legal obligation. The result could be an ERISA-covered plan without many of the employer protections that a carefully crafted plan can provide....If an employer designs its severance plan to fall within ERISA, it opens the door for defusing future litigation risks through ... well-established mechanisms for expediting and efficiently resolving ERISA disputes."

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