[Former FDIC Employee's Claim for Severance Pay]

A former Federal Deposit Insurance Corporation (FDIC) employee claimed severance pay contingent to his resignation following a memorandum regarding a proposed reduction-in-force. FDIC contended that it: (1) had not issued a specific notice of the personnel action to be effected pursuant to the reduction-in-force; and (2) offered the claimant a transfer. GAO held that the claimant was entitled to severance pay, since the claimant: (1) received a memorandum announcing the abolishment of all positions within the claimant's competitive area by a certain date; (2) was not involuntary separated for reasons other than misconduct, delinquency, or inefficiency; and (3) was not required to accept the FDIC offer of a transfer. Accordingly, the claim was allowed.