I keep seeing comments about the lump sum severance going away and it actually went away about 7 years ago. Apparently people don't keep up with this stuff. Just so you know, the current severance plan is always listed on the intranet site for anyone to see - look under Total Rewards on the HR site under My Benefits, select "other benefit plans" and you will see "reduction in force." So around 7 (?) years ago the lump sum severance changed so that payments were made every payday just as in a regular associate. Not so bad really. But this new structure that requires that you submit for unemployment and Anthem makes up the difference is about 2 years old - it changed while Jacquie Wolf and Joe Swedish were at the helm.
Important info on severance posted by @YBzub82-8jid. Needed to be in its own thread so more people could see it.