Bill > S00372

This bill establishes the "No Severance Ultimatums Act", which provides important protections for employees when negotiating severance agreements. The bill requires employers to inform employees of their rights when offering a severance agreement, including the right to consult an attorney, a mandatory 21-day consideration period for reviewing the agreement, and a 7-day window to revoke the agreement after signing. Employers must ensure that employees' decisions to sign are voluntary and not coerced through fraud, misrepresentation, or threats. The bill defines employees and employers broadly, including governmental agencies, and applies to agreements that require employees to release waivable claims against their employer. If an employer violates these provisions, the severance agreement will be deemed void and unenforceable. The bill allows for waivers of these protections only through collective bargaining agreements and does not limit other existing legal protections for employees. This legislation aims to prevent employers from pressuring employees into signing severance agreements that may not be in their best interest and ensures transparency and fairness in the severance process.

Housing and Urban Affairs, Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S372