Severance pay

3

Q. I have been on leave without pay since October 2014, and my employer just terminated me Sept. 1, 2016, but is offering me a severance package. Why are they now saying they have to look in the archive manual timecards to calculate my severance, if no monies were paid to me since then?

A. Severance pay is often granted to employees upon termination of employment. It is usually based on length of employment for which an employee is eligible upon termination.

Share.

About Author

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

3 Comments

  1. My Supervisor is abolishing my position. All three of them are Program Support Assistant, except me a Time and Leave Clerk. Is there anyway I could get a Severance Pay? I don’t think she’s generous.

    • Her generosity is irrelevant. By law you are entitled to severance pay if you 1) have worked continuously for at least 12 months, 2) are separated by a RIF, and 3) haven’t turned down an offer of a position within two grades of your current level in the same commuting area.

Leave A Reply