Employment after buyout


Q: After receiving a buyout, would employment with a government contractor require repayment of the buyout?

A: You would only have to repay the buyout if you later accepted employment with the federal government (including work under a personal services contract or other direct contract) within five years of the date of the separation on which the VSIP is based.


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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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