Voluntary Separation Incentive Payments (VSIPs), commonly known as buyouts, are financial incentives offered to federal employees to encourage voluntary separation during periods of downsizing or restructuring. These lump-sum payments, up to $25,000, aim to reduce the need for involuntary separations like Reductions in Force (RIFs). Eligibility for VSIPs typically includes employees i... https://www.federalpensionadvisors.com/post/voluntary-separation-incentive-payment