What Should I Know if I am Over 40 and Offered a Severance Package?
First, any time you are offered a severance agreement that includes signing a release of claims, you should consult with an employment lawyer to better understand whether you have legal claims against your employer that may be worth more than what they are offering you.
Second, the federal Age Discrimination in Employment Act ("ADEA") and related laws and regulations include specific requirements for a release of age discrimination claims to be effective. These include:
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