If I am offered either VSP or EOI, as a person ready to retire, what are the drawbacks Of taking advantage of VSP or EOI, if there are any?
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Can younger, mid-career, employees do the EOI and get VSP or is there an age / years of service threshold?
Bummed about all the seasoned older employees that will use the VSP to leave the company - all that knowledge out the door with them. I don’t blame them for taking the package (I would), just wonder what will be left behind when all is said and done.
Indicating an EOI is to take the the VSP
The EOI is to take the the VSP
Where’s the ignorance @2jpq? Maybe you can offer up a pearl of wisdom or a simple opinion instead of a one worded response like a short minded fool.
ignorance
More details are required to evaluate your particular situation, everyone's is different. A big factor is age and health insurance. If you choose the package too early, you may have to spend more on health insurance/care than you gained with the package. Also, if you enjoy your job and it's easy for you, that makes a big difference.
As a person willing, ready and able to retire, there’s no drawbacks to taking the volunteer severance package or EOI. It’s all gravy. Go for it.
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