Older Workers Benefit Protection Act (OWBPA)

Benefit Protections: Ensuring that benefits provided to older workers are not reduced or denied based on age.
Waiver Requirements: Establishing specific requirements for waivers of ADEA rights, including clear and understandable language, consideration time, and consultation with legal counsel.
Disclosure Requirements: Requiring employers to disclose specific information to employees when offering waivers, such as the ages of employees affected by the waiver program.

What is the Older Workers Benefit Protection Act (OWBPA)?

A law protecting the rights of older employees. The OWBPA prohibits age discrimination and outlines requirements for waivers in severance agreements.

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