The Voluntary Separation Incentive Payment (VSIP), commonly referred to as a federal buyout, is a financial incentive offered to eligible federal employees to encourage voluntary separation from service. This program is typically utilized by agencies undergoing downsizing, restructuring, or realignment to reduce workforce numbers without resorting to involuntary separations such as Re... https://www.federalpensionadvisors.com/post/voluntary-separation-incentive-payment