Conduent’s Severance Solution helps employers reduce costs while providing former employees with 100 percent of base pay during severance. By using a Supplemental Unemployment Benefit Plan and Trust, it eliminates FICA taxes, integrates with state unemployment benefits to avoid double payments, and stops payments once reemployment occurs. This approach has saved clients up to 50 percent compared to traditional plans. Fully outsourced, it reduces administrative burdens and allows savings to be redirected to COBRA subsidies, outplacement, or other benefits. Services include advisory, communications, implementation, and participant self-service, delivering equitable, tax-advantaged results.

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