More details to this question:
My job was eliminated as executive VP of a division. I have been kept on staff at this time because I am 4 months away from having 30 years and getting a pension. If they were to eliminate this position I would take a 12 percent penalty on my lump sum because i am under 55. The magic number is 30 years. Now, I am getting a tremendous amount of pressure but I have little to no responsibility. I sense they are close to possibly eliminating this position. Do I have any legal ground here since I am 4 months from getting the full retirement package?
1 ANSWER
4 Awards
No claim simply because you are so close to retirement. However, if your job was eliminated for unlawful reason such as age discrimination, then you may have a claim on that basis.
Answered on Mar 20th, 2014 at 8:00 AM
I am an experienced attorney focusing on employment law in North Carolina and Tennessee. This post/response is not meant to constitute legal advice.