Q. I am a 66-year-old FERS employee with 31 years of service and may be offered Voluntary Separation Incentive Pay in the next few weeks.
1. If I resign to get VSIP instead of retire, will I be eligible for unemployment benefits?
2. What is the timeline for date of departure once a decision is made? Next pay period? 30 days? Negotiable?
A. 1. You’d have to check with your state employment office. However, as a rule, if you resign from your job, you wouldn’t be eligible for unemployment benefits.
2. Only your agency can tell you when you’d have to leave.