Reply to If you get an non-fed job while in a RIF period

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[quote=Anonymous]Yeah. I'd recommend just filing the outside employment req with ethics/HR, and if approved and if the hiring party allows, just allowing the RIF/severance to play out.

They are actively letting the forked folks pursue outside employment, so this should be fine. The federal severance continues to pay out until/unless you are rehired by the federal gov.

hopefully you have your SF50 and copies of your recent pay stubs. Sick leave balance stays on the books in the event you rejoin the federal service. Annual leave is paid out lump sum, usually after your last in-service admin leave paycheck.

time off awards, credit hours, comp time are generally just lost, just like if you switched agencies.

You can leave your FERS contributions in, in the event you rejoin federal service and want to get to 5 years, or you  can request it as a lump sum and put it in the market. Currently: if someone rejoins the federal service they have the opportunity to redeposit their FERS contributions to retain pension status and their original contribution rate. but there are no guarantees on how they might mess with the pension rules and how you might be affected in the future.

At four years in, you are already vested in the TSP 1% agency contribution, so your whole TSP balance is available for you to let ride or roll over to an IRA. [/quote]

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