NASA Center To Offer Targeted Buyout To Eligible Civil Service Employees

By on June 17, 2005 in Current Events with 0 Comments

An internal memo sent to NASA workers Thursday at Marshall Space Flight Center in Huntsville, Alabama  indicated the installation would be offering targeted buyouts to eligible civil service employees.

“The Marshall Center is offering an opportunity for eligible civil service employees to retire or resign from federal employment and receive a cash bonus worth up to $25,000. The buyout application period opens June 16 and will close July 15. Employees taking the buyout must separate from federal service no later than September 30, 2005," the memo stated.

According to the memo – this is a "targeted" buyout, similar to the December 2004 buyout at Marshall and is available only to permanent employees with at least three years of federal employment.

Eligibility also will be based on an employee’s primary competency in the Competency Management System; grade; organization; and Office of Personnel Management position title. A buyout memo to all employees, a buyout application form and related buyout information, including approved targeted competencies and associated eligibility criteria are available here.

Employees with questions about their eligibility are advised to contact their administrative officer.

If the number of buyout applications exceeds the buyout limit established for a particular competency, approval will be based on the following "tiebreaker" criteria in priority order:
• Grade levels GS-14 and GS-15
• Eligibility for optional retirement
• Eligibility for early-out retirement
• Federal Service computation date

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