04-22-2022, 04:09 PM
1 &2 There is no labor law that mandates severance pay. Anything you get is due to the generosity of your employer. You can always ask for more. No guarantee you will get it.
3. When you sign up for COBRA, you are actually continuing the same group health insurance that you had with your past employer. So, if your medical conditions were covered under that plan they will continue to be covered under COBRA..
As for the clause in the severance agreement: it depends on whether you really need the $ and if you really need a good reference. If they have really treated you nicely during you employment and you are parting on good terms, then I see no harm as long it is limited in time; not for the rest of your life.
3. When you sign up for COBRA, you are actually continuing the same group health insurance that you had with your past employer. So, if your medical conditions were covered under that plan they will continue to be covered under COBRA..
As for the clause in the severance agreement: it depends on whether you really need the $ and if you really need a good reference. If they have really treated you nicely during you employment and you are parting on good terms, then I see no harm as long it is limited in time; not for the rest of your life.