New Buyout Max at DoD; Will Other Agencies Follow?
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.
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.
These are seven provisions of the National Defense Authorization Act that federal workers should know about.
I’m planning on retiring at the end of May. However, last week my agency announced that it was undertaking a re-organization that is likely to affect the area in which I work. Very often agencies will offer buy-outs during an organization; should I wait for a buy-out?
If federal employees are offered early outs or buy outs, does the 5-year FEHB coverage requirement also get waived?
Is a Postal Service early out/buy out pending?
What can go wrong with your retirement application under FERS? A retired federal employee shares a frank, personal perspective of her experience, her frustration and offers advice on how to realistically prepare for retirement under FERS in the hope it will help other federal workers be better prepared for the experience.
Reduction in force (RIF) and VSIP (Voluntary Separation Incentive Pay) are two orderly, effective ways to shed groups of government employees. The author compares the two.
If you were offered the chance to leave federal service with a buyout or an early out, are you prepared to make the right decision?
How is severance pay calculated for a federal employee?
If you have an opportunity for an early out or a buyout, are you focused exclusively on not liking your current job? Here are questions you need to ask yourself before making a decision.