Reward for service having the Midas touch? (6,9)

I believe the answer is:

golden handshake

'reward for service' is the definition.
(golden handshake can mean a redundancy payment)

I don't understand the rest of the clue.

(Other definitions for golden handshake that I've seen before include "Payoff" , "Parting gesture" , "this may be hoped for on retirement!" , "Reward for retiring" , "severance pay" .)

I've seen this clue in The Times.

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