Getting two VSIPs

0

Q. I retired from the Department of Justice in 2007. I received a $25,000 VSIP. I returned to work before the five-year waiting period and repaid the entire $25,000. I am employed by a different agency and am now thinking about going out after only two years. Am I eligible for a new VSIP?

A. Absolutely not. By law, payment of a VSIP is a one-time, non-repeatable event.

Share.

About Author

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

Leave A Reply