[Code of Federal Regulations]
[Title 5, Volume 1, Parts 1 to 699]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR550.706]

[Page 523]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT
 
PART 550--PAY ADMINISTRATION (GENERAL)--Table of Contents
 
                        Subpart G--Severance Pay
 
Sec. 550.706  Criteria for meeting the requirement for involuntary separation.

    (a) An employee who resigns because he or she expects to be 
involuntarily separated is considered to have been involuntarily 
separated if the employee resigns after receiving--
    (1) Specific written notice that he or she will be involuntarily 
separated by a particular action effective on a particular date; or
    (2) A general written notice of reduction in force or transfer of 
functions which--
    (i) Is issued by a properly authorized agency official;
    (ii) Announces that the agency has decided to abolish, or transfer 
to another commuting area, all positions in the competitive area (as 
defined in Sec. 351.402 of this chapter) by a particular date (no more 
than 1 year after the date of the notice); and
    (iii) States that, for all employees in that competitive area, a 
resignation following receipt of the notice constitutes an involuntary 
separation for severance pay purposes.
    (b) Except for resignations under the conditions described in 
paragraph (a) of this section, all resignations are voluntary 
separations and do not carry entitlement to severance pay.
    (c) A resignation is not considered an involuntary separation if the 
specific or general written notice is canceled before the separation 
(based on that resignation) takes effect.

[55 FR 6593, Feb. 26, 1990, as amended at 64 FR 69177, Dec. 10, 1999].