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What does VERS stand for?

VERS stands for Voluntary Early Retirement Scheme (Australia and UK)

This definition appears frequently and is found in the following Acronym Finder categories:

  • Military and Government

See other definitions of VERS

Other Resources:
We have 7 other meanings of VERS in our Acronym Attic

Samples in periodicals archive:

The mission recommends a front-loaded fiscal adjustment to restore fiscal sustainability, including an upfront reduction in the wage bill of SZL 300 million, additional cuts in non-priority recurrent expenditures, and the implementation of the Enhanced Voluntary Early Retirement Scheme.
The union claims self-rostering, due to be introduced in April 2011, will mean fewer firefighters are needed to man stations in Penarth, Maesteg and New Inn, Pontypool, and consequently lead to the loss of at least 50 firefighters through the means either of redundancy or a voluntary early retirement scheme.
However, thirty of the men have indicated that they wish to retire with a number availing of the voluntary early retirement scheme.