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What you requested should be doable. The plan has to be reviewed to be sure it is permitted. However, if it is not permitted, the plan can be modified to permit it by the Company. This is not uncommon and to the extent ERISA is an issue, it should be eassly dealt with. The worst case from the employer's perspective is that they make two years of contributions and treat you as attaining age 65. That allows you to take immediate retirement and is much less costly to them than unemployment costs. It also means a more highly compensated employee leaves and a less expensive one retained. They can do it for employees who are close to retirement age. It will also reduce the number of other layoffs they have to make.
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