Anonymous said...
Do the math with your personal financial
situation. The involuntary RIF with 26 weeks may be better financially than the
voluntary RIF with 39 weeks assuming you are
working at LANL for at least thirteen weeks after April 5th before being
riffed. Severance is not pay, it is a dollar amount equal to your gross pay for
one week times 39 or 26 weeks. Taxes are withheld from the severance amount.
There are no pretax contributions and no matching contributions to the 401K, no
pretax deductions for medical and child care plans, etc. For some people these
amounts are significant in reducing your taxable income.
