VSIP eligibility
Q. With 20 years of federal civilian employment at age 50, would I be eligible for Voluntary Separation Incentive Pay if it’s offered? I am under FERS. A. Yes, because anyone who is offered a VSIP can...
View ArticleVERA and special retirement supplement
Q. I will be age 59 in May with 21 years in. How does VERA/VSIP apply? Will I be able to get the special retirement supplement until age 62, and at what age would it start? A. The Voluntary Early...
View ArticleIs VSIP always a lump sum?
Q. I am 62 with 25 years of service. Since Voluntary Separation Incentive Payments have been offered in my organization, I am thinking about taking one. Do I have to take the lump sum, or can the...
View ArticleUnused sick leave
Q. I’ve worked for the U.S. government as a Department of Defense Dependents Schools teacher for 40 years. I am under CSRS and have 230 days of accumulated sick leave. What would this be converted to...
View ArticleVSIP and Social Security
Q. I am a FERS employee with 23+ years of federal service and 62 years old. My agency is offering Voluntary Separation Incentive Pay to eligible employees, including those who are retirement-eligible....
View ArticleVSIP and re-employment
Q. I worked for the federal government for over 28 years. I retired last year under Voluntary Separation Incentive Pay provisions June 30, 2012. I am considering re-employing/reinstating. Am I eligible...
View ArticleDifference between VERA and VSIP
Q. What is the difference between VERA and VSIP? A. The Voluntary Early Retirement Authority allows employees to retire early if they are age 50 with 20 years of service or any age with 25. The...
View ArticleDeferred VSIP
Q. I retired under CSRS at Wright-Patterson Air Force Base, Ohio, on Aug. 31 and I deferred my Voluntary Separation Incentive Payment to 2013. The first installed payment is supposed to be six months...
View ArticleVSIP repayment
Q. I am about to retire as a heavy equipment operator for the Department of Public Works. I have been offered a job as a property book manager with a contractor. Will I have to repay their Voluntary...
View ArticleEarly-out and bonus repayment
Q. I may be offered an early-out in May. I have been working for the Army Corps of Engineers for the past 34 years. I’m a CSRS employee. If I take the buyout and have a chance to go work for FEMA or...
View ArticlePay back VSIP?
Q. If you take an early-out with an incentive and, in turn, put in for a medical retirement and it’s approved, would you have to pay back the incentive? A. No.
View ArticleNegotiate an early-out?
Q. I will have 30 years with the U.S. government on May 24 (28 years with the Navy as a civilian employee). My minimum retirement age of 56 will not be met until Nov. 25. With the budget fiasco going...
View ArticleVSIP and VERA
Q. I am eligible to retire October 2014 under FERS at age 56 (my minimum retirement age). Are you allowed to take both the Voluntary Early Retirement Authority and Voluntary Separation Incentive Pay?...
View ArticleVSIP and reinstatement
Q. If a federal employee takes a buyout, but then wants to return to federal service, is he eligible for reinstatement rights, or does he have to compete as though he did not have prior federal...
View ArticleVSIP eligibility
Q. I will complete nine years of civil service as of August, as well as 22 years of military service. If I apply for Voluntary Separation Incentive Pay, what, if anything, can I expect to receive? A....
View ArticleFirst annuity check
Q. I took the early-out with a retirement date of Feb. 28. When will I receive my first retirement check? And when will I receive my first incentive check? A. Only the Office of Personnel Management...
View ArticleRIF, VERA, penalty and SRS
Q. I was born in 1966 and my organization may undergo a reduction in force. I anticipate that I will have the 50 years of age and 20 years of service by the time they may offer the Voluntary Early...
View ArticleService time, deferred retirement and VERA/VSIP
Q. I’m 46, with 12½ years in civil service. Per ABC, I can do deferred retirement; however, VERA/VSIP has been offered. Will this null and void my deferred retirement since it is a voluntary...
View ArticleVERA/VSIP and retirement benefits
Q. I am a Defense Department civilian and have met my minimum retirement age. I will not be eligible for full retirement under FERS until September 2015. By then, I will be 60 and will have 30 years of...
View ArticleVSIP payout
Q. I retired Jan. 3 with a Voluntary Separation Incentive Pay. I chose the two-payment option and was told I would receive half in June and the other half in December. It is now June and I have yet to...
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