Buyout eligibility

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Q. If I decided to retire this year and submitted my retirement paperwork already… If my agency came along later and offered a buyout, would I be eligible for that buyout?

A. Highly unlikely, since the purpose of a buyout is to encourage people to leave or retire who wouldn’t do so without a financial incentive. However, the decision is up to your agency. And their decision is final.

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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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