Browsing: VERA

Q. I am 47 years old with 27 years of service with the Postal Service. I have been offered a Voluntary Early Retirement Authority so that an organizational restructuring can occur. Would this be considered the same as a reduction in force? Would I be eligible for the special retirement supplement because I am a FERS employee? If so, what age would I be eligible to receive the SRS? Immediately upon retirement, or down the road? Also, how would this affect my Social Security benefits?

Q. My agency sent out a Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay form to inquire about interest. Some got it, while others did not. It seemed only personnel going anyway got the buyout. I was told the reason I did not get it was I did not qualify. At the time, I was 54 and had 21 years of service. Does this VERA/VSIP constitute a reduction in force or restructuring? If so, why would I not qualify?

Q. I am 52 years old and have 25 years of federal service to include my 13 years of military time, which I bought back. I am under FERS. 1. Do I qualify for the Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay, if offered? 2. Would I take a cut in retirement benefits?

Q. I’m a FERS employee. I will be 52 in August 2014. I have 13 years with the Veterans Affairs Department, seven years military buyback. I have an 80 percent disability rating. Can I take the Voluntary Early Retirement Authority that is offered now at age 56 with 25 years, or a disability retirement? Will I be penalized in any way?

Q. I am a Department of Army employee covered FERS and not under law enforcement, which has a mandatory retirement age. I am 57 years old, a career employee, a 10 percent disabled veteran with 38 years of service. I have also had top block ratings in all of my previous five ratings. My plan was to stay until age 62 because provisions under FERS for retiring after 62/20 years of service will maximize my benefits. I am being told by management officials that I am going to be forced to retire because I would cause younger workers to be…

Q. I have over 14 years of civil service. I’m retired military (20 years). I’m almost 58 years old. I fall under FERS. A while back, an email came down asking who would be interested in Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay. I replied in the affirmative. If they offer VERA/VSIP, my supervisor says he would not approve it for me, as he cannot afford to lose the position. My plan was to retire at 60, but if they offered VERA/VSIP, I would go earlier. With talk of reductions in force being thrown into the mix, I’m concerned what…

Q. I am a level 13 postmaster who will receive a reduction-in-force notice in June 2014. My position as EAS 13 Postmaster will be demoted to an EP-55 Part-time Career employee. My plans were to take the RIF in June and leave in September 2014. I am 51 years old and have been a federal employee since 1983. I was counting on leaving under the discontinued service retirement in June. However, now that they have offered this Voluntary Early Retirement Authority even though it offers no incentive, should I take the “safe” out now or wait until the RIF next…

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