The U.S. Office of Personnel Management’s Workforce Reshaping Operations Handbook assists Federal agencies that are reshaping by identifying mandatory procedures that the agencies must follow and by suggesting related options that may reduce the likelihood of involuntary separations.
Guide to Voluntary Early Retirement Authority (VERA)The VERA authority encourages more voluntary separations and helps the agency complete the needed organizational change with minimal disruption to the work force.
The VSIP authority, also known as buyout authority, allows agencies that are downsizing or restructuring to offer employees lump-sum payments up to $25,000 as an incentive to voluntarily separate.
This page can be found on the web at the following url: http://www.opm.gov/Reduction_In_Force/agency_references/index.asp