For someone with 25yrs service and 2k weekly wages
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These large severance packages will make the employers reluctant to hire people in Europe when things get better. Although I don’t think Intel will be part of the next recovery
5+2 per year upto 104 weeks.
First 5 weeks at your Intel weekly pay based on P60 total / 52.
2 weeks at state max of €600.
Medical insurance & benefits gone the last day of service.
6months of career services externally.
Tax paid is situational. See here to work yours out
https://www.citizensinformation.ie/en/employment/retirement/income-tax-in-retirement/retirement-lump-sum-taxation/
Don't you get a rainbow with a pot of gold at the end of it?
Assuming 4 to 5 wks per year u will get approx 2 yrs wages (wage+car+(apb/3). With a max tax free of 200k. Plus statutory of 30k tax free.