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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