CALIFORNIA FAMILY LAW
...Employment Benefits-Other
......Termination/Severance Benefits
10 Cards On This Topic:
  • Summary of Law: Characterization of termination benefits.
  • Termination benefit contained in employment agreement but received after separation is partially c/p.
  • Where a non-compete clause is narrow and does not substantially interfere with the employee's ability to find employment, its value may be de minimis in relation to the rest of the agreement.
  • Severance payments resulting from company’s decision to avoid potential litigation related to postseparation termination of employee are s/p.
  • Severance pay s/p, even when determined by longevity.
  • Contractual severance pay found to be c/p.
  • Military separation pay is s/p, subject to future c/p interest if H reenlists and later earns longevity pension.
  • Termination pay received after separation is s/p.
  • Layoff benefit received after separation is s/p.
  • Discussion of early voluntary separation payments or benefits.