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Element History

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Pub Version Element Number Element Name Element Type Field Length Date Created Date Last Updated Inactive
Definition
Version 3 0581 Severance Pay R 6.2 09/23/2003 09/29/2004 N
The amount of money, based on last salary, length of service and age, which an employee may be paid when separated involuntarily from an agency, such as during a reduction-in-force. In most cases, an employee is ineligible for severance pay if the separation results from misconduct or if he or she is eligible to retire on an immediate annuity.
Version 2 0581 Severance Pay R 6.2 09/23/2003 09/29/2004 N
The amount of money, based on last salary, length of service and age, which an employee may be paid when separated involuntarily from an agency, such as during a reduction-in-force. In most cases, an employee is ineligible for severance pay if the separation results from misconduct or if he or she is eligible to retire on an immediate annuity.
Version 1 0581 Severance Pay R 6.2 09/23/2003 09/23/2003 N
The amount of money, based on salary, length of service and age, which an employee may be paid when separated involuntarily from an agency, such as during a reduction-in-force. In most cases, an employee is ineligible for severance pay if the separation results from misconduct or if he or she is eligible to retire on an immediate annuity.


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