Release and Waiver Retirement Standard – Soft Copy Editable Template
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This is a soft copy product template, save in Word File and editable in Word Document containing the important provisions needed for the release of employer from liability and the waiver and quitclaim of the employee of all claims against the company.
This is called a standard version because this contemplates ordinary situation where the employee simply claims the final pay as a result of retirement and executed this along with it. Extraordinary situations include death of employee, the one claiming is not the employee, the employee is retired and hospitalized and the one claiming is a relative or family member, the employee died of gunshot, etc.
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- Description
Description
Important allegations in this form are as follows:
1. Name , address, and nationality of employee
2. Fact of separation where the employee declares any of the following
a. Retirement (allege that it was voluntarily applied for and accepted)
3. Amount of final pay and benefits
4. Acknowledgment of receipt
5. Release and discharge statement
a. Against the company
b. Against the officers
c. Against the managers
d. Against the agents
e. Against the employees
6. Waiver against claim, liability, damage
7. Non-filing of suit
8. Dismissal for those filed
9. Statement of voluntariness and willingness in the execution
10. Signature
11. Notarial Acknowledgment
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