Submitting retirement application amid VERA/VSIP

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Q. I am an Air Force AFMC civilian employee and am planning to retire by Sept. 30.  I have been holding my application pending AFMC’s possibility of offering buyout incentives (VSIP) to eligible retirees.  My question is, do I have to wait until a VSIP is actually offered before I submit my retirement application to OPM?

A. Yes. The purpose of a buyout incentive is to encourage employees to retire, not to reward those who have already made up their mind and submitted their retirement papers..

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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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