![[Reduction in Force] Part 9: What if I Don't Qualify for an "Early Out (VERA)" or "Discontinued Service Retirement (DSR)"?](https://static.libsyn.com/p/assets/7/1/c/c/71cc132c81d3885316c3140a3186d450/Episode_163__RIF_Part_9_1.jpg)
[Reduction in Force] Part 9: What if I Don't Qualify for an "Early Out (VERA)" or "Discontinued Service Retirement (DSR)"?
FedImpact: Candid Insights for Your Federal Retirement
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
ProFeds Founder, Chris Kowalik, explores what happens when an employee is facing a RIF, but doesn't qualify for an early out or a discontinued service retirement.
KEY TAKEAWAYS:
- Requirements to qualify for an Early Out
- Requirements to qualify for a Discontinued Service Retirement
- What an employee may be eligible to receive (such as a cash incentive or severance pay)
- How an employee may qualify for a federal pension later
Additional resources:
Link to full RIF training series: FedImpact.com/RIF-training-series
OPM's severance pay worksheet: https://www.opm.gov/policy-data-oversight/pay-leave/pay-administration/fact-sheets/severance-pay-estimation-worksheet/
OPM's VSIP eligibility: https://www.opm.gov/policy-data-oversight/workforce-restructuring/voluntary-separation-incentive-payments/
Local workshop locations and dates: FedImpact.com/attend
To be introduced to a local financial professional: FedImpact.com/request-to-meet