1 State Indian reservations, which are lands held in trust by a state for an Indian tribe. 2  With state trust lands title is held by the state on behalf of the tribe and the lands are not subject to state property tax. 3  They are subject to state law, however.
To be eligible for severance pay, an employee must have completed at least 12 months of continuous service by the date of separation. This continuous service may consist of one or more civilian Federal positions held over a period of 12 months without a single break in service of more than 3 calendar days.
CP, age 60, accepts the benefits and is also eligible for a pension. Under the law, the value of an offset for such benefits is $9,000 for employees who are under 65 at the time of termination. Thus, the employer must pay CP $21,000 in severance benefits ($30,000 less $9,000).