If an employee’s position is eliminated, he or she will be eligible to receive the severance package, regardless of his or her eligibility for retirement. The decision to retire is separate and does not affect receipt of the standard outplacement compensation and benefits. If you are interested in retiring from SMU, more information can be found here: http://www.smu.edu/BusinessFinance/HR/Retirement.
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If my position is eliminated and I choose to retire, will I still be eligible for the severance package?
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