Home » Retirement Severance Agreement Template — Download Now (Free)
Retirement Severance Agreement Template — Download Now (Free)
What’s Included
Comprehensive, Ready-to-Use Template A professionally drafted, easily customizable Retirement Severance Agreement designed to protect both employer and retiring employee while ensuring clarity around benefits, obligations, and legal compliance.
Clear Structure & Editable Fields Pre-formatted sections include Retirement Date, Severance Pay, Health Insurance, Accrued Compensation, Release of Claims, Confidentiality, Non-Disparagement, Return of Property, Governing Law, and more. Just fill in the placeholders—no guesswork involved.
Flexibility for Your Needs Choose between a lump-sum or structured severance payment, select coverage continuation options (COBRA or Employer Plan), and modify other benefit details (e.g., outplacement services). Tailor it to align with policies, jurisdiction, or individual situations.
Bonus: Legal Safeguards Includes a comprehensive Release of Claims to mitigate post-retirement liability, confidentiality and non-disparagement clauses, and an acknowledgment urging consultation with legal counsel.
Why Use This Template?
Save Time & Money No need to draft from scratch—our template offers a quick, ready-made framework, letting you focus on what truly matters.
Professionalism & Fairness Offer a clear, fair transition package that respects your retiring employee while protecting your organization's interests.
Reduce Disputes By clearly outlining terms—like benefit continuation, property return, and legal releases—you reduce ambiguity and the risk of misunderstandings.
Peace of Mind A well-documented retirement plan fosters goodwill, supports a smooth exit, and maintains positive employer-employee relations.
How It Works
Download the template in your preferred format (PDF or Word).
Customize the fields—dates, amounts, benefits, jurisdiction, etc.—to match your specific retirement scenario.
Review with your HR team or legal counsel for compliance with local laws and your organization’s protocol.
Finalize & Sign—both parties sign on or before the Retirement Date.
Distribute Copies—each party retains a signed original for their records.
