The U.S. Office of Personnel Management Restructuring Information Handbook assists Federal agencies in identifying the statutory and regulatory procedures that are mandatory, and to offer options for agencies
to consider in restructuring situations.
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.