Never sign one without the advice of a lawyer. The sample release beginning on page 262 is included for your review. If the company fails to summarize your severance package in writing, it is a good idea to send a letter similar to the one beginning on page 214 which accurately reflects the final arrangement. Such a letter can eliminate confusion, particularly when the terms of the settlement are extensive. Apply for unemployment benefits.
Unemployment benefits are available under state law.
However, you may be denied benefits if you voluntarily left your job without a good reason, were fired for misconduct, or refused a valid job offer. You can request a hearing if you feel benefits were unfairly denied. Information on how to maximize an unemployment compensation claim is discussed in the next chapter. Do not be intimidated or forced into early retirement. Recognize that you may have rights, particularly if your early retirement causes you to lose large, expected financial benefits.