VSIP

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Q. I am 56 with 34 years of federal service, and I have just learned that my position has been declared surplus. Due to my rank in my present position in the Wage Grade series, I do not see any way they can place me into an existing vacancy. If I’m offered a Voluntary Separation Incentive Pay, will I be able to collect my full pension and the VSIP?

A. Yes.

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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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