Is the VSIP Increase a New Incentive to Retire Early?

Across the Department of Defense (DoD), retirement has been an issue that was continuously trying to be solved with an outdated solution. DoD employee retirement options have remained unchanged since 1993. “The $25,000 has been in place for a very long time and it has not really kept up with inflation, so for people who were on the fence about whether or not to retire, the $25,000 was just not enough of an incentive for people to retire,” said Sheila McCready, Defense consultant for the American Federation of Government Employees.

As a service-disabled veteran-owned small business (SDVOSB), we help government agencies achieve socio-economic contracting goals.