5 U.S. Code § 3523 - Authority to provide voluntary separation incentive payments
Authority to provide voluntary separation incentive payments
A voluntary separation incentive payment under this subchapter may be paid to an employee only as provided in the plan of an agency established under section 3522.
(b) A voluntary incentive payment—
(1) shall be offered to agencyemployees on the basis of—
skills, knowledge, or other factors related to a position;
specific periods of time during which eligible employees may elect a voluntary incentive payment; or
shall be paid in a lump sum after the employee’s separation;
(3) shall be equal to the lesser of—
an amount determined by the agency head, not to exceed $25,000;
shall not be a basis for payment, and shall not be included in the computation, of any other type of Government benefit;
 So in original.
LII has no control over and does not endorse any external Internet site that contains links to or references LII.