Severance: A Comprehensive Guide to Its Legal Meaning and Context

Definition & Meaning

Severance refers to the act of separating or dividing something. In legal contexts, it can mean conducting separate trials for defendants charged with the same crime, a process known as bifurcation. In employment law, severance often pertains to the termination of an employee's position. When an employer establishes a severance plan, it outlines the benefits employees may receive upon their departure from the company. However, employers have the discretion to create, modify, or abolish these plans as they see fit.

Table of content

Real-world examples

Here are a couple of examples of abatement:

Here are a couple of examples of severance:

  • A company implements a severance plan that provides employees with two weeks of pay for every year of service if they are laid off due to downsizing.
  • (Hypothetical example) A court decides to sever the trials of two defendants accused of a crime to ensure that each receives a fair trial without prejudice from the other's case.

State-by-state differences

Examples of state differences (not exhaustive):

State Severance Plan Requirements
California Employers must provide a written severance plan if one exists.
Texas No specific state law requires severance plans, but employers may choose to offer them.
New York Employers are encouraged to provide written summaries of severance plans.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition
Severance The separation of an employee from their employer, often with benefits.
Bifurcation The process of dividing a trial into separate parts for efficiency or fairness.
Termination The end of an employee's contract, which may or may not include severance benefits.

What to do if this term applies to you

If you find yourself facing severance, consider the following steps:

  • Review your employer's severance plan for details on your benefits.
  • Request a written summary of the severance plan if you haven't received one.
  • Consider using US Legal Forms to access templates for severance agreements or related documents.
  • If your situation is complex, seek advice from a legal professional to understand your rights and options.

Quick facts

  • Severance plans are not legally required in most states.
  • Benefits may include pay, health insurance, or job placement assistance.
  • Employers can modify or terminate severance plans at their discretion.

Key takeaways

Frequently asked questions

A severance plan outlines the benefits an employee may receive upon termination of employment.