Hill Air Force Base   Right Corner Banner
Join the Air Force

News > VERA/VSIP applications accepted until Jan. 24
VERA/VSIP applications accepted until Jan. 24

Posted 1/12/2012   Updated 1/12/2012 Email story   Print story

    


by VERA/VSIP Program Management Team

1/12/2012 - HILL AIR FORCE BASE, Utah -- As you may know, a VERA/VSIP program is now under way. Applications to participate will only be accepted until Jan. 24 through the VERA/VSIP Interactive Program web site at https://wbhill03.hill.afmc.ds.af.mil/vera_vsip/.

VERA/VSIP stands for Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay. VERA temporarily lowers the age and service requirements to allow approved employees to retire early. VSIP allows selected employees to receive an incentive payment of up to $25,000, before taxes, for voluntarily separating. Each authorized VERA/VSIP will ultimately prevent an individual from being involuntarily separated.

This VERA/VSIP program is in response to Air Force wide budgetary constraints and work force shaping measures. Our past few VERA/VSIPs have mainly targeted the O&M workforce and were somewhat narrow. This VERA/VSIP carries a much wider range of job series and grades, and it will include many federal wage positions. The list of targeted job series will be posted on the VERA/VSIP web site listed above, as soon as the information becomes available.

VERA/VSIP offers may begin to be sent as early as Jan. 31. Once an offer is made, the employee has three days to accept or decline. For this effort, there is a very limited time frame in which offers can be made. If there are multiple declinations, there may not be enough time to make follow-on offers which could have prevented employees from losing their jobs involuntarily. If you apply and later realize that you will not be able to accept a VERA/VSIP offer, please email the VERA VSIP inbox at OOALC.DP.VERAVSIP@hill.af.mil to withdraw your application.

Please prepare by doing the necessary research. You can call the Benefits and Entitlements Service Team (BEST) at Randolph AFB to obtain your retirement estimate. BEST can be reached via phone at 1-800-525-0102. You may also use retirement calculators and prepare your retirement application on EBIS at the following link:

https://w20.afpc.randolph.af.mil/AFPCSecureNet20/PKI/MainMenu1.aspx



tabComments
No comments yet.  
Add a comment

 Inside Hill AFB

ima cornerSearch


Site Map      Contact Us     Questions     USA.gov     Security and Privacy notice     E-publishing  
Suicide Prevention    SAPR   IG   EEO   Accessibility/Section 508   No FEAR Act