VSIP eligibility


Q. I’m a 52-year-old mail handler with 28 years of service. I still owe on my mortgage. I have enough equity to buy something smaller and pay most of it in full. Would I be eligible to retire now to take advantage of the $15,000 early-out being offered?

A. Because you meet the age and service requirements for early voluntary retirement, you could do so if you were offered a Voluntary Separation Incentive Payment.


About Author

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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