So you took the DRP. Here’s how to prepare for retirement

So you took the DRP. Here’s how to prepare for retirement

The Office of Personnel Management is anticipating a wave of retirement applications, stemming from the increasing number of federal employees who have opted into the Voluntary Early Retirement Authority (VERA) and the deferred resignation program (DRP). In May, OPM referred to an “expected doubling of the retirement application backlog.” With so many currently heading for the exit, it’s a good time for federal employees to improve their underst…