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119-hr-7256119th CongressWALLET

Federal Workforce Early Separation Incentives Act

Sponsored By: Representative Langworthy, Nicholas A. [R-NY-23]

In Committee

Summary

Authorizes agency heads to set voluntary separation incentive payments up to six months' pay. It ties VSIP amounts to the same calculation method used for severance pay under 5 U.S.C. 5595(c), so agencies use an existing formula to determine payment amounts.

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  • Federal employees: Eligible workers can receive voluntary separation incentive payments up to six months' pay. The bill does not add new eligibility rules.
  • Agency leaders and HR offices: Agency heads gain discretion to set VSIP amounts within the six month cap using the severance-pay calculation method in section 5595(c).
  • Agencies and federal finances: The change broadens how large VSIPs can be within the existing statutory cap. The text specifies no new program, funding source, appropriation, or added regulatory requirements.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Higher voluntary exit pay for federal workers

If enacted, eligible federal employees would be able to receive a one-time Voluntary Separation Incentive Payment (VSIP). Your agency head would set the dollar amount. The payment could be up to six months of the pay you received right before separation. The VSIP would be calculated using the same method that limits severance pay under 5 U.S.C. 5595(c). The bill would not create a new agency, funding source, or new eligibility rules.

Sponsors & CoSponsors

Sponsor

Langworthy, Nicholas A. [R-NY-23]

NY • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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