As the end of the year approaches, many companies have been reviewing 2016 and forecasting into 2017. For some, shortfalls on current plans require cost cutting in the form on early retirements offers or layoffs.
When you receive a severance agreement from your employer, you may notice that the agreement encourages you to talk to a lawyer before you sign. Your employer did not put that language in randomly. Congress passed a law requiring employers to put that language in if an employee who is being let go is at least 40 years old. Congress was concerned that older workers who were getting laid off might have a valid claim for age discrimination that they were waiving for too low a price.