Overview of Fact Sheet
The payment of a severance package is one of the downsizing tools that agencies can use when needing to shrink its workforce. It allows agencies to involuntarily remove an employee (for reasons other than misconduct or performance) who does not otherwise qualify for an immediate pension.
Download PDF: Severance Pay
About Chris Kowalik
Chris Kowalik is a federal retirement expert and frequent speaker to federal employee groups nationwide. In her highly-acclaimed FedImpact Workshops, the FedImpact Podcast, and the FedImpact Webinars, she empowers employees to make confident decisions as they plan for the days when they no longer have to work. Chris’ candid and straightforward nature allows employees to get the answers they need and understand the impact these decisions have on their retirement.
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