NY A09342

Requires employers who solicit an employee's resignation to provide a department-prescribed notice before the employee accepts, informing them of potential consequences including effects on unemployment insurance eligibility, health insurance coverage, bonuses, equity awards, and retirement benefits

Defines "resignation solicitation" as any employer-initiated request, demand, encouragement, or offer for an employee to resign, including reclassifying a termination as a resignation

Mandates that resignations in response to a solicitation must be made in writing to be effective, and employers must retain copies of the notice form for three years

If an employer fails to provide the required notice before soliciting a resignation, the separation is automatically deemed a "non-disqualifying separation and involuntary quit" for unemployment insurance purposes

Establishes civil penalties of the greater of $2,000 per violation or twice the amount of any repayments (such as tuition or bonuses) the employer could seek from the resigning employee