ProFeds Founder, Chris Kowalik, reviews the possibility of cash payments being offered to federal employees as part of the RIF plan.
KEY TAKEAWAYS:
- Rules of the Voluntary Separation Incentive Payment (VSIP)
- How much are the incentives (and proposals for the amount to change)
- How VSIPs work with other downsizing tools (like VERAs)
- Who is not allowed to receive a VSIP buyout
Additional resources:
Link to full RIF training series: FedImpact.com/RIF-training-series
OPM’s guide to VSIPs: https://www.opm.gov/policy-data-oversight/workforce-restructuring/voluntary-separation-incentive-payments/guide.pdf
Local workshop locations and dates: FedImpact.com/attend
To be introduced to a local financial professional: FedImpact.com/request-to-meet
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