Social Security Announces Options to its Workforce

The Social Security Administration (SSA) will soon implement agency-wide
organizational restructuring that will include significant workforce reductions.  Through
these massive reorganizations, offices that perform functions not mandated by statute
may be prioritized for reduction-in-force actions that could include abolishment of
organizations and positions, directed reassignments, and reductions in staffing.  The
agency may reassign employees from non-mission critical positions to mission critical
direct service positions (e.g., field offices, teleservice centers, processing centers). 
Reassignments may be involuntary and may require retraining for new workloads. 
VOLUNTARY REASSIGNMENTS
Employees interested in voluntarily being reassigned to a mission critical position should
indicate their interest here Reassignment Questionnaire  by March 14, 2025.
VOLUNTARY SEPARATION INCENTIVES
Employees who do not wish to undergo the restructuring process may elect to separate
from federal service through retirement or resignation.  To further support employees
considering these options, SSA is offering the following to ALL EMPLOYEES:
VOLUNTARY EARLY RETIREMENT (VERA) OR “EARLY OUT”
 Availability: VERA is now available to employees in all components and
positions, with no exclusions.  Please see eligibility criteria below.
 Separation Window:  VERA is available from March 1, 2025 through
December 31, 2025.  Employees not eligible now or who wish to retire later in
the year under early out may do so, but may be subject to restructuring
activities.  Employees who are not yet eligible for voluntary early retirement,
but who would like to apply later in the calendar year should alert
management of their intent to do so and work with their servicing benefits
specialists to process their cases as their dates become due.  All eligible
employees taking early retirement must separate by December 31, 2025.
 Eligibility: To be eligible for early out, employees must:

o Have 20 years of creditable service and be at least 50 years of age or
have at least 25 years of creditable service at any age (this must
include 5 years of civilian service).  
o Must be serving under a non-time-limited appointment
o Have been continuously on SSA’s rolls at least 30 days prior to
January 17, 2025.
o Cannot be in receipt of an involuntary separation decision for
misconduct or unsatisfactory performance.  

 Note: Retirement may affect your Federal Health Insurance eligibility.  Please
contact your Servicing Personnel Office (SPO) with questions.
VOLUNTARY SEPARATION INCENTIVE PAYMENTS (VSIP)
 Availability: VSIP will be available until noon EST on March 14 to all
employees electing to separate from service across all components and
positions agencywide. VSIP is limited and available on a first come basis. 
VSIP may be paid for an optional retirement (full retirement age), voluntary
early retirement (VERA), or resignation.  VSIP is not available to employees
who are participating in the Deferred Resignation Program.
 Eligibility:
o Employees must:
 Be serving in an appointment without time limit;
 Be currently employed by the Executive Branch of the Federal
Government for a continuous period of at least 3 years;
 Be serving in a position covered by an agency VSIP plan (all
SSA employees are covered in the agency plan);
 Apply for and receive approval for a VSIP from the agency
making the VSIP offer; and
 Not be included in any of the ineligibility categories listed
below.

o Employees in the following categories are not eligible for a VSIP:
 Reemployed annuitants;
 Have a disability such that the individual is or would be
eligible for disability retirement;
 Have received a decision notice of involuntary separation for
misconduct or poor performance;
 Previously received any VSIP from the Federal Government;
 During the 36-month period preceding the date of separation,
performed service for which a student loan repayment benefit
was paid, or is to be paid;
 During the 24-month period preceding the date of separation,
performed service for which a recruitment or relocation
incentive was paid, or is to be paid; and
 During the 12-month period preceding the date of separation,
performed service for which a retention incentive was paid, or
is to be paid.

 Separation Window: Employees must opt in by March 14 and separate from
the agency no later than April 19, 2025.  Employees may be placed on
administrative leave through April 19, 2025.
 How to Sign Up:  Employees must complete the VSIP Sign Up  as soon as
possible, but no later than March 14, 2025 noon EST.  Please let your
manager know immediately if you sign up for VSIP.
o Note: Completing the form does not guarantee VSIP. 
 Incentive Payment: Payments will be the following amounts for the grade
level of your permanent position.  All payments are subject to taxes and
normal deductions from income.  Employees are strongly encouraged to read
the rules for VSIP payments .      

Up to GS 8 $15,000
GS 9 – 12 $20,000
GS 13 and up $25,000

               
OPTIONAL RETIREMENT
Employees who have reached their full retirement age may apply for optional
retirement at any time.  Employees serving under the Federal Employees
Retirement System (FERS) should see the OPM eligibility information for FERS,
which is generally 30 years of service, plus reaching minimum retirement age. 
Employees serving under the Civil Service Retirement System (CSRS) should
refer to the OPM eligibility information for CSRS , which is generally 30 years of
service and age 55.  Additional provisions and options are available for both
FERS and CSRS. 
RESIGNATION
Employees may resign from federal service at any time.  Employees who resign
would be eligible for a payout of their annual leave and may be eligible to apply
for a Deferred Retirement when they reach their minimum retirement age.  Please
see the attached table explaining the differences between resignations and
retirements and the benefits that would apply.
OBTAINING FURTHER INFORMATION
General retirement information is available on the Benefits Portal .  The Benefits
Portal also includes information about accessing the GRB Platform , which
provides calculators for computing estimated retirement benefits.  We strongly
encourage employees to use the retirement calculators in the GRB Platform to
obtain initial annuity estimates and to request an official annuity computation. 
You may also contact your SPO (listed below) with questions.