Retirement: How to Navigate the Current Instability

Retirement: How to Navigate the Current Instability

Amid “deferred resignation” turmoil, federal workers are in uncharted territory. Here’s a little guidance.

Federal employees have had to get familiar with the Voluntary Early Retirement Authority, which was clarified in the FAQs of the “Fork in the Road” memo from the Office of Personnel Management to mean that employees who are eligible for the deferred resignation offer and are at least age 50 with at least 20 years creditable federal service, or any age with at least 25 years creditable federal service are eligible for VERA (Voluntary Early Retirement Authority) along with the deferred resignation offer (unless your position is exempted from the program by your agency).  Follow link to read more. https://www.govexec.com/pay-benefits/2025/02/retirement-how-navigate-chaos-ahead/402996/?oref=ge-mini-feed