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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am surprised about how many people in their 50’s took VERA with plans to find another job.  I say wait and see what happens.  I would not take VERA heading into a recession.[/quote]

I’m not expecting to find another job. We would just spend down 401k. We have about $2M. It would be a much more asture life and kids would likely go to state colleges, but it’s better outcome than having no health insurance and no jobs — we have chronic illness with expensive meds. [/quote]

if you qualify for VERA now then you qualify for DSR. If the current VERA offer doesn't include VSIP then there is no functional difference between a RIF DSR and VERA--except one is chosen for you and the other you elect.

If you *know* you're going to get RIFed then a FORK VERA is likely better than any VSIP payment.

caveats for other folks: if you don't qualify for VERA yet, but will before sept 30, then you'd likely want to FORK VERA.

if you are in the unfortunate place of being MRA+10 but not eligible for VERA, you will not get any severance in a RIF. FORK or rolling the dice to duck a RIF may be for you. Unfortunately, most RIFs are not being run in a way that would benefit seniority or performance or skill. I have only heard of IRS actually asking for RIF resumes.[/quote]

MRA+10 won’t get pension but I thought they did get severance payment?[/quote]

a RIF for someone who is MRA+10 means they are eligible to start their pension but there is a 5% per year penalty permanent reduction of the pension for every year you are under 62.

You don't get severance. the best option for MRA+10 may be to postpone starting the pension until JUST BEFORE they turn 62, so that they can restart FEHB. everyones situation is different.[/quote]

I’m 50 and MRA+10. I thought all I could get was a payout severance of like 15 * weeks pay.   If I take an early returns with the penalty, can I get FEHB?

How do you get FEHB with a postponed retirement at 62??[/quote]

I think you'd need to be older than 50 to be MRA+10.[/quote]

Yes, this is very confusing!! 50 is definitely not MRA.  That would be age 56-57.  (Age 50 with 20 years of service counts for a VERA, but it's not your MRA.)[/quote]

Pom website is pretty clear.[/quote]

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