The Difference Between Severance Pay and ERISA Disability Benefits
Severance pay and ERISA disability benefits can often become confused for one another when you have to leave your job. Each type of plan for when employees involuntarily leave work can come with different benefits and requirements. Being aware of the differences can help you better prepare for what plan or benefits you should be receiving. If you have been wrongfully denied benefits, then try asking a Wilmington ERISA lawyer for help. WHAT IS SEVERANCE PAY AND WHO QUALIFIES? Severance pay is like a lump sum payment to employees who involuntarily leave their federal employer. This money can greatly benefit those who...
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