What does Vera stand for in government category?
Description. Voluntary Early Retirement Authority (VERA) allows agencies that are undergoing substantial restructuring, reshaping, downsizing, transfer of function, or reorganization to temporarily lower the age and service requirements in order to increase the number of employees who are eligible for retirement.
Where do I Find my Vera research data?
Table 8: FY 2014 PRELIMINARY VERA Research Support Back-Up Data and Allocations Medical Center Queri VA Admin Not VA Admin PR Not VA Admin PR Not VA Admin NPR undiscounted
What does the name Vera mean in Russian?
The name Vera is a girl’s name of Russian origin meaning “faith”. Vera is ranked #278 on our popularity charts and is often added to lists like Old Lady Names and discussed in our forums with posts like “Heaven Hell Purgatory — GIRLS”.
How is the National price of Vera calculated?
Weighted sum is calculated for each VAMC 3. Weighted total from all VAMCs is summed 4. The total requested is divided by the total available to get the “national price” e.g. if national total = $1,000M and the available VERA allocation is $580M the national price is $580 / $1,000 = 58% 5.
How does voluntary early retirement authority ( Vera ) work?
Voluntary Early Retirement Authority (VERA) allows agencies that are undergoing substantial restructuring, reshaping, downsizing, transfer of function, or reorganization to temporarily lower the age and service requirements in order to increase the number of employees who are eligible for retirement.
What are the requirements for Vera to retire early?
When an agency has received VERA approval from OPM, an employee who meets the general eligibility requirements may be eligible to retire early. The employee must: Have served in a position covered by the OPM authorization for the minimum time specified by OPM (usually 30 days prior to the date of the agency request);