[Code of Federal Regulations]
[Title 20, Volume 1]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 20CFR322.7]

[Page 535-536]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
                  CHAPTER II--RAILROAD RETIREMENT BOARD
 
PART 322_REMUNERATION--Table of Contents
 
Sec. 322.7  Dismissal, coordination, and separation allowances.

    (a) Coordination or dismissal allowance. Coordination or dismissal 
allowances are payments made to an employee who has been furloughed for 
a specified period of time during which he or she continues in an 
employment relationship and remains subject to call. Such pay is 
remuneration with respect to each day in the month or other period for 
which it is payable. The employer shall be held liable to the Board for 
any benefits paid to the employee and found recoverable under section 
2(f) of the Railroad Unemployment Insurance Act by reason of the payment 
of any such allowances or other pay for the same days for which the 
Board paid benefits.
    (b) Separation allowance. A separation allowance or severance 
payment made

[[Page 536]]

to an employee who voluntarily or involuntarily terminates his or her 
employment relationship is not remuneration with respect to any day 
after the employment relationship is severed. An employee who is paid a 
separation allowance, whether in a lump sum or in installments, is 
disqualified by section 4(a-1)(iii) of the Railroad Unemployment 
Insurance Act from receiving unemployment or sickness benefits for the 
period of time approximating the length of time it would have taken the 
employee to earn, at his or her ``straight'' time rate of pay, the 
amount of the separation allowance if he or she had continued working in 
the job from which he or she separated.

[65 FR 14460, Mar. 17, 2000]