The form of the employee benefit does not determine whether it is provided in exchange for
service or in exchange for termination of the employee’s employment. Termination benefits
are typically lump sum payments, but sometimes also include:
(a) enhancement of post-employment benefits, either indirectly through an employee
benefit plan or directly.
(b) salary until the end of a specified notice period if the employee renders no further
service that provides economic benefits to the entity.