gomer1444
Feb 1, 2009, 03:39 AM
I am an Executive with 3 years at a firm. I was summarily terminated. No notice, no reason. No fraud, no embezzlement, not anything along those lines. I got caught up in some political matters. I am 60 years old. My contract calls for a one year salary severance package paid in bi-weekly installments. This wordage is exactly what is in my contract.
I subsequently agreed to a limited amount of severance pay based on two conditions. One was the request of 2 written letters of commendation and recommedation and the other was payment for my Cobra benefits. The company notified me the same day of my writing my request that the request is denied. They would not comply with either of my requests. Of course, no proof as to the conversation regarding the denial except for cell phone numbers.
My severance payments were stopped in 5 months.
Question is #1 Other than a prolonged legal battle is there any way to obtain some further financial assistance from them.
Question #2. Since the severance payments were for 5 months, are these wages eligible for pension plan benefits. The pension plan is silent with regard to this matter.
I subsequently agreed to a limited amount of severance pay based on two conditions. One was the request of 2 written letters of commendation and recommedation and the other was payment for my Cobra benefits. The company notified me the same day of my writing my request that the request is denied. They would not comply with either of my requests. Of course, no proof as to the conversation regarding the denial except for cell phone numbers.
My severance payments were stopped in 5 months.
Question is #1 Other than a prolonged legal battle is there any way to obtain some further financial assistance from them.
Question #2. Since the severance payments were for 5 months, are these wages eligible for pension plan benefits. The pension plan is silent with regard to this matter.