Eligible for more than one buyout?


Q. I am enrolled in CSRS Offset. I received a VERA/VSIP buyout in 2001 and returned to work in 2008. I am 56 years old and have 28 years of federal service. I indicated on the recent survey that I would accept a buyout if offered. I am now told that I am ineligible for a buyout because a person can only receive one buyout in their lifetime.  Is there any regulation that states an employee can only receive one buyout?

A. Your agency is correct. For confirmation, go to www.opm.gov/employ/html/vsi.htm.


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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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