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Separation Pay: FSLIC Managing Office Did Not Receive Unwarranted Payments

GGD-90-23 Published: Nov 14, 1989. Publicly Released: Nov 17, 1989.
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Highlights

Pursuant to a congressional request, GAO reviewed the Federal Savings and Loan Corporation's (FSLIC) termination of a managing officer's employment in Little Rock, Arkansas, focusing on an allegation that the former manager would receive a large amount of severance pay or other benefits.

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Annual leaveEmployee dismissalFederal corporationsFringe benefitsLeave claimsPersonnel managementSeverance payState lawSeparation payWages