Q. I am a FERS/frozen CSRS Postal Service clerk who will be 56 years old with 34 years service. I’m eligible for retirement in November. If the Postal Service offers a Voluntary Early Retirement Authority with monetary incentive after I submit my retirement forms but before I actually retire, will I be eligible for the VERA with monetary incentive?
A. It’s possible but unlikely. The purpose of the Voluntary Separation Incentive Payment is to encourage employees to retire who would be less likely to do so without a cash incentive.