Bill > S07609

This bill establishes the "No Severance Ultimatums Act," which prevents employers from giving coercive ultimatums to employees or former employees relating to the employee's severance from employment. The key provisions of the bill include: requiring employers to notify employees of their right to consult an attorney and have a 21-day consideration period when offering a severance agreement, allowing employees to revoke the agreement within 7 days, and prohibiting employers from threatening to withdraw or alter the revocation period if the employee does not sign the agreement early. The bill also exempts severance agreements negotiated through collective bargaining agreements.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2023/S7609