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Topic: Lump sum

	Lump Sum Brochure
		First, it is important for you to understand exactly what a lump sum is. A lump sum is a settlement or contract between you, your employer where applicable, and your employer's workers' compensation insurer.
		However, when accepting a lump sum settlement, an employee is presumed incapable of returning to work for the employer, and the presumption continues for one month for every $1,500.00 included in the lump sum.
		Acceptance of a lump sum agreement by all parties creates the presumption that you are physically unable to return to work with your employer.
	www.mass.gov /dia/EMPLOYEE/LumpSumBrochure.htm (1132 words)

	Lump Sum
		First, to reiterate one of the points made in the House Administration regulations, any lump sum payment must be made in compliance with the provision of the House rules requiring that each employee perform duties for his or her employing office that are commensurate with the compensation paid to that employee.
		Thus before making a lump sum payment to an employee, a Member must be satisfied that the employee has performed services for the congressional office that are commensurate with the amount the employee is to be paid in the lump sum combined with his or her regular salary.
		In addition, where the Committee finds that lump sum payments were made with such an intention, the Committee reserves the right to determine that those payments should be treated as part of the recipient's basic rate of pay, thus subjecting that individual to the applicable requirements and restrictions.
	www.house.gov /ethics/m_lumpsum.htm (704 words)

	FCIC: Lump Sum Distribution
		A lump sum distribution may come to you whenever you're separated from your employer, whether due to retirement, a job change or layoff.
		This may be an option to consider if the lump sum is small or if you have a pressing need for the money to pay bills, tuition or a mortgage.
		It generally applies when you receive a lump sum distribution prior to age 591Ú2 and do not transfer it directly to an IRA or other qualified plan.
	www.pueblo.gsa.gov /cic_text/money/lumpsum/lumpsum.htm (3897 words)

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