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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow, so instead of letting people take the deal, they are forcing everyone to be fired. Sad. You know they will set the bar high and expect everyone to be in 5 days a week. My relative was looking forward to the 8 months paid admin leave and then retiring. Now they will need just to retire immediately. Hopefully its just a pause but if it does get blocked It feels like they stole a great deal from a lot of people. [/quote] Again, a federal RIF comes with benefits, severance and protections. And in many cases more money than the FORK. Very few people can just be fired. They need to go through RIF procedures. I know they aren’t right now, but that’s next weeks lawsuit. RIF is in a statute, passed by Congress. It’s a real thing people can depend on and does not require you to sign away all rights. In almost all cases, RIF is better than FORK. [/quote] Federal rif is no way near as good as this deal of 8 months paid, especially for those without many years of service. And remember you aren't guaranteed a RIF, they may just fire people for performance as the bar has been set high and requires 5 days a week in person: A Reduction in Force in the federal government is a permanent job loss that may include severance pay. The amount of severance pay is based on years of service and salary. How is severance pay calculated? For less than one year of service, the severance pay is two weeks of base salary For one to five years of service, the severance pay is one month of base salary For five to ten years of service, the severance pay is two months of base salary For ten to twenty years of service, the severance pay is three months of base salary For twenty or more years of service, the severance pay is four months of base salary Who is Not Eligible for Severance Pay? Certain categories of federal employees are excluded from receiving severance pay: Employees who resign voluntarily or accept the Trump administration’s 8-month buyout instead. Employees who qualify for immediate federal retirement benefits (including early retirement programs). Employees who are terminated for misconduct or poor performance. Employees who have previously received any federal severance pay from a previous layoff. Military retirees who return to federal service and later lose their civilian jobs. Severance Pay Calculation Federal severance pay is calculated based on a combination of the employee’s salary, years of service, and age adjustment factors. The formula is structured to provide higher payouts to employees with longer tenure, with an additional bonus for older employees who may face greater difficulty finding new employment. Basic Severance Pay Formula For the first 10 years of service: Employees receive one week of pay per full year of service. Beyond 10 years of service: Employees receive two weeks of pay per additional year beyond the 10-year mark. For additional months of service: Employees receive 25% of the annualized severance amount per additional quarter-year of service. Age Adjustment Allowance Employees over 40 years old receive an age adjustment to their severance pay. The age factor increases every three months after turning 40, adding 2.5% to the severance calculation per quarter-year over age 40. This adjustment is designed to help older workers who may face longer periods of unemployment.[/quote]
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