Q. I am 52 with 17 years in the federal government (FERS). I am not eligible to retire yet and am not eligible for a discontinued service retirement. My agency field office is closing, and I have decided to decline their directed assignment outside of my state. I am eligible for severance pay due to the fact that it is not a reasonable job offer (it is outside of my commuting area, and I am not subject to a mobility agreement). I have submitted my information and found I am eligible to receive one year’s worth of severance payments. I know that if I receive severance payments but soon after get hired into another federal job, the severance payments will stop.
A. As long as you aren’t hired by the federal government or the government of the District of Columbia, your severance pay won’t be affected. See http://www.opm.gov/policy-data-oversight/pay-leave/pay-administration/fact-sheets/severance-pay.
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