Has anyone negotiated a layoff?
Here's my situation... I am planning on retiring in April, 2019. This past April I informed my boss that I was looking at early retirement in a few years. He's been very supportive and curious about it. There has been a fair bit of strategic change in the company over the past year, and the team I run is no longer optimized for the direction the company is headed. It looks like it makes the most sense for my team and another team to combine. Given that I'm planning on leaving soon-ish, it makes sense from a company perspective for the other lead to take on the combined team. I was discussing this with my boss, and he wanted to know if I'd want to be laid off in the first half of 2019 instead of retiring. I'd stay on until then to help with the team transition and handle a few special projects.
Pros (for me):
A layoff would net me 6 months of severance, and then a possibility of collecting unemployment.
I maintain the most positive relationship with the company, which would open possibilities of part time consulting in the future, should I want some additional money.
Pros (for the company):
They can better plan around my availability and the team transition can be seamless. They keep the team lead who will likely be there long term rather than short term.
Cons (for me):
Once I start down this path, it doesn't unwind. Paperwork for this would start in early 2018. I wouldn't be able to audible to a later retirement date if I wanted to do so.
Has anyone handled this kind of situation before? What questions do I need to ask/answer? I've already planned a detailed physical from my doctor in early January to make sure that there are no potential medical issues. What else?
Overall, the happy path here looks like it would net me 6 months of free pay... what am I missing?