Add Comment Question: I work for a private company for 22 years and recently the company got bought over by another private company. I would like to know that if the new company laid me off since I am 65 yrs old, would I be entitled to be paid salary till I am 70 years old. Answer: If you are terminated you could be entitled to up to 24 months of severance. If you at terminated we recommend you call us at +1-855-821-5900 and speak with one of our legal representatives before accepting any package. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.