Like early retirement offers, voluntary separation incentive payments, more commonly called buyouts, are designed to avoid layoffs when agencies are downsizing or restructuring, writes benefits expert Reg Jones. But unlike early retirement, if you are offered a buyout, you can accept it even if you aren’t eligible to retire, he writes. You’ll find his column at https://www.fedweek.com/item-view.php?tbl=1&ID=582.