Severance pay


Q. I am 64 years old with 31 years of creditable service. Under what circumstances would I be eligible for severance pay?

A. You wouldn’t. Based on your age and service, you are eligible to retire. If you did, you’d receive an annuity and a lump-sum payment for any unused annual leave.


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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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