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Buyout

Proposal to Raise Max Buyout to $40,000 for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: October 12, 2017 10:56 AM Categories Pay & Benefits Leave a comment

A bill to increase buyouts to maximum of $40,000 has been introduced in the Senate.

6 Federal Retirement Myths

FedSmith.com author Alexis HongamenBy Alexis HongamenSeptember 25, 2017 3:12 PM Categories Retirement Leave a comment
Road sign with two yellow arrows pointing in opposite directions, one labeled 'myths' and one labeled 'facts'

Have you believed one of these myths about federal retirement? The author provides a list of the most common ones he has heard from clients.

Union Exec: EPA Has Sent Over 1,000 Buyout Notices to Employees

FedSmith.com author Ian SmithBy Ian SmithUpdated: July 24, 2017 3:16 PM Categories Agency News Leave a comment
Businesswoman holding a contract letter and a pen as a gesture to have somebody sign it

The EPA has sent buyout notices to over 1,000 agency employees according to a local AFGE executive.

EPA to Offer Buyouts to Cut Staff

FedSmith.com author Ian SmithBy Ian SmithUpdated: June 2, 2017 6:01 PM Categories Agency News Leave a comment

An internal memo circulated at the EPA said the agency is offering some employees a buyout in an effort to reduce the overall size of the agency’s workforce.

Shrinking the Workforce at EPA

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: May 26, 2017 12:13 PM Categories Agency News, Human Resources Leave a comment
Image of word 'buyout' on blackboard with businessman on side

The workforce at EPA will be getting smaller. $12 million has been identified for early retirement and buyout payments at the agency.

Is a Buyout Worth Taking?

FedSmith.com author Jeff NealBy Jeff NealUpdated: May 3, 2017 8:27 AM Categories Human Resources Leave a comment
Torn paper box with word 'Buyout'

Should you take a buyout? The author provides some information on how buyouts work and considerations you should weigh before taking one.

Buyouts, Early Outs and Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApril 20, 2017 4:24 PM Categories Agency News, Human Resources Leave a comment

EPA is planning a reduction in its workforce. For some employees, this chain of events may offer new options for their future.

Buyouts and Early Outs

FedSmith.com author John GrobeBy John GrobeJanuary 15, 2017 5:53 PM Categories Retirement Leave a comment
Image of word 'buyout' on blackboard with businessman on side

The author provides some general information about early outs and buyouts along with questions federal employees should ask themselves if they are considering taking one of these.

New Buyout Max at DoD; Will Other Agencies Follow?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 27, 2016 7:29 PM Categories Agency News, Pay & Benefits Leave a comment

The Defense Department has been given authority for a $15,000 increase in buyout payments for federal employees. It will probably not be the last agency receiving this increase.

7 Things Every Federal Worker Should Know About the 2017 National Defense Authorization Act

FedSmith.com author Jeff NealBy Jeff NealDecember 17, 2016 6:31 PM Categories Human Resources Leave a comment

These are seven provisions of the National Defense Authorization Act that federal workers should know about.

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