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Issue Termination Letter This final paperwork should also clearly inform the employee about what happens to their 401(k) and benefits plan coverage, including their options for continuing coverage through COBRA or other government programs. Severance agreements should also be included in the termination documents.
How do you write a termination letter? Gather all the necessary details before writing the letter. ... Start with the basics. ... Provide a specific termination date. ... State the reasons for the termination. ... Indicate any further steps needed on the part of the employee.
What forms should be provided at the time of termination? Final paycheck acknowledgment- Signed by the employee. For your benefit (Form 2320) COBRA notice. Health Insurance Premium (HIP) notice.
Dear [employee's name], I regret to inform you that your employment with [company's name] has been / will be terminated as of [termination date]. As discussed, we're terminating the employment relationship because [give summary of your reason].
California Labor Code Section 2808(b) requires employers to provide to employees, upon termination, notification of all continuation, disability extension and conversion coverage options under any employer-sponsored coverage for which the employee may remain eligible after employment terminates.