Buyout likelihood

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Q. I am a federal employee under CSRS with 40 years of service this year for the Veterans Affairs Department at age 60. I am the only person at my facility doing my job and the only one in this facility with full knowledge of my job task and responsibilities. Is there an opportunity for a buyout in this position? Do I need to ask human resources if there is a chance for buyout potential?

A. Buyouts are based on an agency’s need, not yours. Still, it wouldn’t hurt to ask if there is any chance of one being offered that would include you.

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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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