Voluntary Separation Incentive Payments (VSIPs), often referred to as "buyouts," are a critical tool used by federal agencies to reduce staffing levels without resorting to forced layoffs. These payments, authorized under specific federal regulations, are offered to eligible employees as part of workforce restructuring initiatives. The purpose is to incentivize voluntary resignation, ... https://www.federalpensionadvisors.com/post/voluntary-separation-incentive-payment