The DD Form 2903-3 formalizes a Voluntary Separation Incentive Payment (VSIP) buyout between a Department of Defense civilian employee and the DoD. It is authorized under Title 5, United States Code, Section 9902(i), and serves as a legally binding record of the employee's informed consent to all conditions of the buyout program.
The form captures the total buyout amount, paid in two installments of six months each following the employee's separation date. The employee must acknowledge two critical restrictions: a five-year repayment obligation if they return to any federal government employment, and a one-year bar on reemployment within the Department of Defense.
Before signing, the employee certifies that their Human Resources Office has counseled them on every term, making the decision irrevocable once executed. The form also records the employee's SSN, position title, grade, and the DoD component involved in the separation.
| Question | Answer |
|---|---|
| Form Name | Dd Form 2903 3 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | HRO, dd form 2903 1 fillable form, SSN, dss form 2903 |