This guide provides a deep dive into the Voluntary Separation Incentive Payment (VSIP), also known as a buyout. It explains eligibility criteria, how federal agencies use VSIPs to manage workforce restructuring, and the impact on employees considering voluntary resignation or early retirement. It also outlines restrictions, repayment requirements, and situations where waivers apply—es... https://www.federalpensionadvisors.com/post/voluntary-separation-incentive-payment