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Voluntary Early Retirement
Voluntary Early Retirement Authority (VERA)
VERA is a management tool used for downsizing or to restructure the workforce to meet mission objectives. Reasons for approving VERA include substantial delayering, reduction in force, reorganization, or transfer of function. VERA may be based on occupational series or grade; skills, knowledge, or other factors related to a position; organizational, geographical, nonpersonal and objective factors; or a combination of these factors.
Voluntary Separation Incentive Pay
VSIP, which is commonly referred to as a buyout, is a payment of up to $25,000 to encourage eligible employees to separate from service voluntarily (either by retirement or resignation) to avoid or minimize the need for involuntary separations due to RIF, base closure, reorganization, transfer of function, or workforce restructuring. The buyout payment is equivalent to an employees severance pay entitlement up to a maximum of $25,000 (before taxes). Buyouts are used at management's discretion and are not an employee entitlement.
For more information
click here
.
VERA and VSIP Questions and Answers
Guidance on Making VERA/VSIP Determinations
Example of VSIP Approval Letter
Example VERA/VSIP Survey Application Letter
Example Union Notification of VERA/VSIP Survey
VSIP Conditions of Acceptance Letter
VSIP Incentive Payment Agreement Letter
Videos
Introduction
Voluntary Early Retirement Authority/Act (VERA)
Voluntary Separation Incentive Pay (VSIP)
VSIP II
Reduction-in-Force (RIF) and Voluntary RIF
Transfer of Function (TOF) and Transfer of Work (TOW)
Local FSS POC
Karen Thomas
Click here to contact by email
Neva Gambrell
Click here to contact by email
7 BW Restructure
7th Bomb Wing/CC Slides
Force Reduction Resources
When an agency must abolish positions, the RIF regulations determine whether an employee keeps his or her present position, or whether the employee has a right to a different position. The regulatory requirements governing reduction in force are contained in
Title 5, Code of Federal Regulations, Part 351
. Federal agencies must follow the procedures contained in the Code of Federal Regulations when conducting a RIF. The law provides that OPM's RIF regulations must give effect to four factors in releasing employees:
1. tenure of employment (e.g., type of appointment);
2. veteran's preference
3. length of service; and
4. performance ratings
An agency is required to use the RIF procedures when an employee is faced with separation or downgrading for a reason such as reorganization, lack of work, shortage of funds, insufficient personnel ceiling, or the exercise of certain reemployment or restoration rights. A furlough of more than 30 calendar days, or of more than 22 discontinuous work days, is also a RIF action. (A furlough of 30 or fewer calendar days, or of 22 or fewer discontinuous work days, is an adverse action.)
For more information about the Reduction in Force Resources Portal
click here
.
Career Management
Tools to assist you in managing your Air Force civilian career.
Centralization of Large Civilian Centers Appraisals and Awards Program
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Planning and Preparing for Retirement
Forms for Civilian Retirement
BEST Telephone Menu
CSRS Retirement Estimate
FERS Retirement Estimate
HR Aids
Example of Identification of Position Reductions Letter
Talking Points for Labor Relations Office
Instructions for DCPDS Severance Pay Calculation
2011-14
, Voluntary Separation Incentive Pay (VSIP) Approval and Documentation Requirements
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