Retirement incentive

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Q: The Army has announced it may offer VERA/VSIP to many civilian
employees in 2012. I had planned to retire Sept. 30 and have submitted my paperwork to retire. If VSIPs are offered, I could delay or cancel my retirement if I thought I could get a VSIP in 2012. Would I be able to do this? How should I handle it?

A: I’ve answered this question several times. And the answer hasn’t changed. The purpose of the Voluntary Separation Incentive Payment program is to get selected employees who had not intended to resign or retire to do so. If you had already put in your paperwork, you would have signaled that you don’t need an incentive to retire. There’s no way to predict how your agency would react if you withdrew your application.

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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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