VSIP ramifications

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Q. I’m a retirement eligible FERS employee also eligible for the supplement when I retire. I’m thinking of retiring this Dec. 31 since I may be offered a VSIP to retire due to force restructuring. Will a VSIP payment count against the 15K something minimum
level of earnings?

A. No, it won’t. The limit applies only to earnings from wages or self employment.

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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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