HOME     OATH OF OFFICE     POSTAL CALL-IN NUMBER     FEDERAL RETIREMENT NEWS     POSTAL NEWS    


Mar 20, 2017

Firing federal workers isn’t as easy as Trump makes it seem in his budget


Firing federal workers isn’t as easy as Trump makes it seem in his budget


'...Agencies also can offer incentives to entice employees to leave, creating vacancies. One way is to allow employees to retire before they are eligible. With OPM’s permission, agencies facing job cuts can allow employees to retire at any age with at least 25 years of service, or at age 50 or above with at least 20 years tenure, subject to a reduction in the annuity in some cases. The other incentive is a buyout. Agencies can offer those with OPM’s permission to reorganize, although most agencies would need authority from Congress to offer them for downsizing. Jason Chaffetz (R-Utah), the chairman of the House Oversight and Government Reform Committee, has asked his staff to review whether voluntary buyouts across the government would be a better way to shrink the workforce because they provide incentives for retirement-eligible and other...'


Reference: www.washingtonpost.com
Tags: RIF, buyouts (VSIP),

No comments:

Post a Comment