Dreaming of early outs
Even some of the most dedicated feds are fed up (pun intended). One recent comment on this blog noted that if his agency offered a "buy-out"—more properly called a Voluntary Separation Incentive Payment (VSIP)--or a Voluntary Early Retirement Authority (VERA) offer, the workforce there would immediately experience a reduction-in-force of one.
And on our own affiliated site, FederalSoup.com, we’ve been noting more talk about VSIPs, who might be offering them, etc.
We personally know of some folks—both from government and from the private sector—who have taken such incentives and have flourished in their earlier-than-originally-anticipated retirements by starting businesses, engaging in all-consuming hobbies, and so forth.
Others, on the other hand, realized too late that they were workhorses, and that retirement bores them silly.
What would you do if a VSIP suddenly materialized at your agency tomorrow and you were eligible to accept it?
Posted by Phil Piemonte on Dec 07, 2010 at 12:13 PM