Buyout and disability

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Q: I plan to apply disability retirement at a Social Security office in few months. What if our organization offers us buyout? Do I have to pay money (buyout) back to the federal government if I get disability retirement pension?

A: If you have a disability such that you are or would be eligible for disability retirement, you wouldn’t be eligible for a voluntary separation incentive payment (VSIP).

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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