Question: If an Employee is Rehired After Leaving a Company from Management Voluntary Offer (MVO), Do They Have to Repay the Severance Allowance?

Dear HR,

If an employee is rehired by AT&T after leaving the company as a result of the MVO, will the employee have to repay any or all of the severance allowance received?
-Mr. ATO

Dear Mr. ATO,

Thank you for your question. If an employee leaves as a result of this offer and is subsequently hired on a regular or temporary full-time or part-time basis by AT&T (or any AT&T subsidiary, or an outside employer that AT&T or an AT&T subsidiary has arranged to have offer employment to the employee), the employee will be obligated to repay a percentage of the gross Severance Allowance or cash payment under the Management Transition Program. See the 1.7 Repayment/Offset Consideration section of the AT&T Inc. Severance Pay Plan for greater details.