Top 10 Frequently Asked Questions – U.S. Office of Personnel Management

January 29, 2025

“buyout”, VSIP allows agencies that are downsizing or restructuring to -sum payments up to $25,000 (or the employee’s . severance pay amount, whichever is less) as an incentive to voluntarily retire or resign. 2. Who authorizes VERA and VSIP? Can it be delegated to my agency? The law only authorizes OPM to grant VERA and . RESPONSE RATE

https://www.opm.gov/policy-data-oversight/workforce-restructuring/voluntary-early-retirement-authority/top-10-frequently-asked-questions-about-vera-and-vsip.pdf

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