Separation from Service

Separation from service refers to an employee's end of employment with an organization, whether through resignation, termination, retirement, or other means. This process may affect various employee benefits, such as pensions, retirement accounts, and health insurance. The specifics of what happens after separation can vary based on the company’s policies, the employee’s contract, and applicable laws. It's important for employees to understand their rights, benefits, and options before and after separation to ensure a smooth transition to their next career or life stage.