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Workforce Change: Federal Retirement

What a reduction in force, a buyout, or an involuntary exit means for your pension and benefits.

ForRIF, buyouts & early separation
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What you’ll learn

When a job ends on someone else’s terms, the retirement rules change. This track explains the durable mechanics: Discontinued Service Retirement, how VERA works in a downsizing, the deferred annuity that preserves a future pension, severance pay and your TSP, and how to keep your health coverage through a separation.

Lessons

6 lessons
  1. 01Discontinued Service Retirement (DSR)How an immediate annuity works when your separation is involuntary, and who qualifies.Soon
  2. 02VERA during a reduction in forceHow Voluntary Early Retirement Authority works when your agency is downsizing.Soon
  3. 03Keeping a future pension if you separate earlyHow a deferred annuity preserves your retirement if you leave before you are eligible.Soon
  4. 04Severance pay and your TSP after a layoffHow federal severance is calculated, and what happens to your TSP when you separate.Soon
  5. 05Keeping health coverage through a separationTemporary continuation of coverage and other ways to stay insured after you separate.Soon
  6. 06Voluntary vs. involuntary: a decision treeHow leaving on your own terms differs from being separated, for your pension and your benefits.Soon

Lessons are on the way

We’re publishing this track lesson by lesson. In the meantime, you can run your own numbers in the calculator. No account required.

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Workforce Change Federal Retirement Track: FERS Course | RetireCiv