Section 1 Short title
This Act may be cited as the “Federal Workforce Early Separation Incentives Act”.
Federal Workforce Early Separation Incentives Act
A BILL
To amend section 3523 of title 5, United States Code, to increase the limit on voluntary separation incentive payments, and for other purposes.
Sec. 2 Voluntary separation incentive payment limit increase
Section 3523(b)(3) of title 5, United States Code, is amended by striking “be equal to” and all that follows and inserting “be an amount determined by the agency head, not to exceed 6 month’s pay at the rate received immediately before separation, as determined in the same manner as the limit on total severance pay under section 5595(c);”.