Are you familiar with all of your retirement options?
Posts Tagged: VSIP
OPM has yet to receive any agency requests since the administration detailed its plan for reforming the federal government in April. But the agency is taking steps to streamline and speed the approval process for VERA/VSIP authority.
There are many things to consider before taking a buyout. It can be a great opportunity to move into a new field or to spend a couple extra years in retirement. But you must be sure you are prepared – both mentally and financially – before you accept the offer.
At the edge of this ominous “Fiscal Cliff” lies a very real concern for many federal employers: will we have to reduce our workforce even more? And by what means? Aside from attrition (which reeks organizational havoc over a long period of time), there are two ways a Federal employer can reduce its workforce: The… Read more »