Employees separating from service may defer accumulated vacation and/or back pay.
Applicable amounts may be deferred for any calendar month only if:
- The amount would have been available for use or would have been paid to the employee if employment had not terminated.
- The amount is paid within 2 1/2 months following separation from service, and
- An agreement providing for the deferral is entered into before the beginning of the month in which the amounts would otherwise be paid or made available.
Contact the SMART Plan Customer Service Center at 1-877-457-1900 for more information.