Who will be eligible for a severance package? How soon will the severance be available?
Full-time employee and Part-time employees eligible for other company benefits (those scheduled to work more than 15 hours a week) are eligible for the termination with severance option. It is not available until you are notified of your options. If you elect severance, it will be paid in biweekly installments. It will begin during the normal payroll cycle following your termination through the period of severance.