Effective Date: October 11, 2016
Expiration Date: October 11, 2022
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Days. Means calendar days.
Full Retirement. The status of a phased retiree who has ceased employment and is entitled, upon application, to a composite retirement annuity under the CSRS or FERS.
Mentoring. Activities that transfer the knowledge of the employee in phased retirement to others. This may include, but is not limited to: direct mentoring of employee's successor or less experienced staff members; developing/conducting training; and developing operating procedures, policies, and guides.
Phased Employment. The less-than-full-time employment of a phased retiree.
Phased Retiree. A retirement eligible employee who, with the concurrence of an authorized approving official, enters phased retirement status.
Phased Retirement. A human resource workforce planning tool that allows eligible and approved individuals to continue to work part time and receive a portion of their retirement annuity for a specified period of time.
Regular Employment. The status of an employee who does not end the period of phased retirement by entering full retirement, but who returns to work status.
Work Schedule. For the purposes of the phased retirement period, the part time work schedule established by regulation (5 CFR § 831.1712 ) is one-half the number of hours the phased retiree would have worked if the employee had remained in a full time work schedule and had not elected phased retirement, which is 40 hours per pay period.
| TOC | Preface | Chapter1 | Chapter2 | Chapter3 | Chapter4 | Chapter5 | Chapter6 | Chapter7 | Chapter8 | Chapter9 | Chapter10 | Chapter11 | AppendixA | AppendixB | ALL |
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