Buyout eligibility


Q. If a person qualifies for a buyout, does the position have to qualify for it?

A. Any employee who receives a notice announcing that a Voluntary Separation Incentive Pay will be offered and who meets the following requirements is eligible to apply:

1. Serving under an appointment without time limitation.

2. Currently employed for a continuous period of at least three years without a break in service of four or more days, and

3. Willing to separate by the date specified in the employee notice.

Those who aren’t eligible for a VSIP include re-employed annuitants; those eligible for disability retirement; those who’ve received a notice of involuntary separation for misconduct or unacceptable performance; anyone who previously received a VSIP; transferees who are covered by statutory re-employment rights; and those who received a student loan repayment benefit during the last 36 months, a relocation bonus during the last 24 months, or a retention bonus during the last 12 months.


About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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