“Understanding VERA and VSIP in 2025: What Federal Employees Need to Know”

Description

Eligibility Criteria for VERA and VSIP
Federal agencies offering VERA and VSIP in 2025 establish specific eligibility criteria that employees must meet to participate. For VERA, employees generally must be at least 50 years old with 20 years of creditable service or have 25 years of service regardless of age. VSIP eligibility varies by agency but typically involves a financial incentive of up to $25,000 to encourage voluntary separations. Employees should review their agency’s guidelines carefully to determine eligibility and understand the financial and retirement implications of participating in these programs. Consulting with human resources or retirement counselors is strongly advised.