The best replacement for severance is unemployment.

The best alternatives to severance are rated as following:
★★★★★  unemployment
★★★  separation pay
★★  retirement
★★  dismissal pay
★  redundancy
★  severance
★  termination pay
★  demotion
★  unemployment benefits
★  pension
★  dismissal
  pay in lieu of notice
  wages in lieu of notice
  salary continuation
  early retirement
  retiring allowance
  separation
  termination
  wages in lieu
  settlement
  voluntary redundancy
  unemployment texas

Your alternative for severance is not listed? Suggest!
Speaking about severance, one probably shouldn't forget about unemployment.

Other search terms related to severance and their ratings are:
★★★★★ unemployment
★ resignation
You have in mind a companion for severance and it is not yet here? Propose!



Google Trends

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severance
unemployment
separation pay