[tnel77]

I worked at a GM sized company right out of college and they did a voluntary early retirement thing like this. It was one week’s salary for every year of service with the company plus they’d pay your health insurance premiums for the rest of the calendar year.

They had a lot of people who planned to retire in 1-3 years take that offer and I knew quite a few who came back within a couple of months for a higher salary than they previously had.