FEDERAL · 2 U.S.C. · Chapter SUBCHAPTER I—GENERAL
Voluntary separation incentive payments
2 U.S.C. § 4505
This text of 2 U.S.C. § 4505 (Voluntary separation incentive payments) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
2 U.S.C. § 4505.
Text
(a)Authority to offer payments
Notwithstanding any other provision of law, the head of any office in the legislative branch may establish a program under which voluntary separation incentive payments may be offered to eligible employees of the office to encourage such employees to separate from service voluntarily (whether by retirement or resignation), in accordance with this section.
(b)Amount and administration of payments
A voluntary separation incentive payment made under this section—
(1)shall be paid in a lump sum after the employee's separation;
(2)shall be equal to the lesser of—
(A)an amount equal to the amount the employee would be entitled to receive under section 5595(c) of title 5, if the employee were entitled to payment under such section (without adjustment for any pr
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History
(Pub. L. 108–447, div. G, title II, §210, Dec. 8, 2004, 118 Stat. 3194; Pub. L. 112–74, div. G, title I, §1401(a), Dec. 23, 2011, 125 Stat. 1134.)
Editorial Notes
Editorial Notes
Codification
Section was formerly classified to section 60q of this title prior to editorial reclassification and renumbering as this section.
Section is from the Legislative Branch Appropriations Act, 2005, which is div. G of the Consolidated Appropriations Act, 2005.
Amendments
2011—Subsec. (d). Pub. L. 112–74, §1401(a)(1), struck out subsec. (d). Prior to amendment, text read as follows: "This section shall not apply to any office which is an Executive agency under section 105 of title 5 or any employee of such an office."
Subsec. (f)(2)(A). Pub. L. 112–74, §1401(a)(2), substituted "title 5, but excluding the Government Accountability Office" for "title 5".
Statutory Notes and Related Subsidiaries
Effective Date of 2011 Amendment
Pub. L. 112–74, div. G, title I, §1401(c), Dec. 23, 2011, 125 Stat. 1134, provided that: "The amendments made by this section [amending this section and section 3521 of Title 5, Government Organization and Employees] shall apply with respect to voluntary separation incentive payments made during fiscal year 2012 or any succeeding fiscal year."
Codification
Section was formerly classified to section 60q of this title prior to editorial reclassification and renumbering as this section.
Section is from the Legislative Branch Appropriations Act, 2005, which is div. G of the Consolidated Appropriations Act, 2005.
Amendments
2011—Subsec. (d). Pub. L. 112–74, §1401(a)(1), struck out subsec. (d). Prior to amendment, text read as follows: "This section shall not apply to any office which is an Executive agency under section 105 of title 5 or any employee of such an office."
Subsec. (f)(2)(A). Pub. L. 112–74, §1401(a)(2), substituted "title 5, but excluding the Government Accountability Office" for "title 5".
Statutory Notes and Related Subsidiaries
Effective Date of 2011 Amendment
Pub. L. 112–74, div. G, title I, §1401(c), Dec. 23, 2011, 125 Stat. 1134, provided that: "The amendments made by this section [amending this section and section 3521 of Title 5, Government Organization and Employees] shall apply with respect to voluntary separation incentive payments made during fiscal year 2012 or any succeeding fiscal year."
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Bluebook (online)
2 U.S.C. § 4505, Counsel Stack Legal Research, https://law.counselstack.com/usc/2/4505.