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Credits

Sponsored by Lorman Education
Product ID: 408578EAU
 
Credit & Course Provided by:

Older Workers Benefit Protection Act and Age Discrimination Compliance

OnDemand Webinar (89 minutes)

Learn how to create lawful, enforceable separation agreements that comply with the OWBPA.Companies must be diligent in assessing their size and organizational structure to ensure a competitive advantage. As a result, employee reductions and terminations occur. This topic will assist companies in understanding the rules and case law surrounding the Older Workers Benefit Protection Act (OWBPA). Learn about the interaction between OWBPA and the Age Discrimination in Employment Act (ADEA) and the importance of meeting the OWBPA requirements. To minimize the risk of potential litigation, employers may wish to offer departing employees money or benefits in exchange for a release or waiver of liability for all claims connected with the employment relationship. This material will assist in the understanding of the requirements under OWBPA to avoid potential liability risks.

Authors

Jackie A. Sexson

Agenda

OWBPA and ADEA

• Definitions

• Requirements Under OWBPA

• Waiver of Rights Under ADEA

• Knowing and Voluntary Requirements

Gearing up for a Downsizing

• Application of OWBPA

• Exit Incentives

• Application of OWBPA for Group Terminations

Case Law for OWBPA Claims

• Important Cases

• Severance Agreements and Release of Claims

• Strict Compliance Required