AF Extends VSP Window

The Air Force is extending the deadline for officers to apply for voluntary separation pay (VSP) through July 31. But officers who accept VSP and opt to leave the service before retirement will be compensated at a lower rate. The new multiplier is 1.5 times the amount of authorized separation pay, effective July 1. Eligibility applies to certain officers in year groups 1998, 1999, 2002, 2003, and 2004, in grades of major and below, who have served more than six but fewer than 14 years as commissioned officers. Recipients will receive VSP compensation in a lump payment. More information is available on the Air Force Personnel Center Web site — http://www.afpc.randolph.af.mil/ — or by calling the Total Force Service Center at (800) 525-0102.