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Severance Pay During Federal Reduction in Force

federalpensionadvisors12303
Employees affected by a Federal Reduction in Force (RIF) may be eligible for severance pay if they do not qualify for retirement benefits. Severance pay is calculated based on years of service and basic pay rate, with additional credits for each year over ten years of service. A Federal Workforce Reduction requires agencies to inform employees about severance options and provide couns... https://www.federalpensionadvisors.com/post/federal-reduction-in-force
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