A Voluntary Separation Incentive Payment (VSIP), commonly known as a federal employee buyout, is a lump-sum financial incentive offered by federal agencies to encourage eligible employees to voluntarily separate from service. Typically capped at $25,000, VSIPs are utilized during organizational restructuring, downsizing, or to realign the workforce without resorting to involuntary red... https://www.federalpensionadvisors.com/post/voluntary-separation-incentive-payment