VOLUNTARY SEPARATION INCENTIVES

Many governmental organizations are experiencing downsizing. In doing so there are often voluntary separation incentives.

When the opportunity to take advantage of these incentives becomes available individuals weigh the benefits of leaving government service while still employable in the civilian market place. Voluntary separation incentives which offer payments over a specific period of time can be sold for a lump sum cash amount.

Why should I sell the Voluntary Separation Incentive Payments?

Pay off debts before leaving the area.
Make purchases when you settle in a new area.
Provide money to replace lost income until other employment is found.

How much will I receive for my Voluntary Separation Incentive Payments?

The amount you receive will depend on the total amount and whether you sell the entire incentive payment or just a portion of it. This is a fairly new area of diversified cash flow and the legal implications still carry a significant cost. Therefore each case will be judged individually.

HOW TO GET STARTED:

Fill out a worksheet and provide the specifics of when you are expected to terminate government employment, the amount of the incentive payments and terms it will be paid out. Make sure you leave instructions on how to reach you during the day and in the evenings.

We will need documentation verifying the Voluntary Separation Incentive and its terms. Usually the payroll office or personnel office can provide this information to you.