Does the VSP count employment service, but not retirement service credit?
Correct. The VSP does not count retirement service credit. • If my appointment has varied in percentage of time over the years, is my payout calculation based on the changes in my appointment pay? The various periods of time and percentage of appointments will be added together to obtain full years of service. • If my severance is subject to President Yudof’s approval, is it possible it will not be included in my final check? If so, will that jeopardize my ability to contribute that money into my 403(b) or 457(b)? You must receive your severance payout with your final check in order to contribute to your 403(b) and 457(b) plans. HR cannot guarantee when the President’s approval will be received. However, we will forward the required documentation to his office as soon as the severance amount has been verified in our office. • If I commit to VSP by July 2009 and agree to separate in October 2009, would it be possible to postpone receipt of my severance pay until January 2010 for tax pur
