Browsing: buyouts

In a memo earlier this month, the Office of Management and Budget ordered agencies to step up planning for across-the-board budget cuts set to begin in March.  Along the way, OMB added, agencies should involve employee unions “to the fullest extent practicable” in any decisions on hiring freezes, furloughs and other measures to cut workforce costs. John O’Grady questions whether that message made it to the Environmental Protection Agency.  O’Grady heads the American Federation of Government Employees local that represents some Chicago-area EPA staff and is also treasurer for the union’s national council of EPA locals. He sees little evidence…

The latest pension processing stats from the Office of Personnel Management contained an interesting nugget on retirement trends. Namely, that they’re continuing to rise in 2012, after shooting up 24 percent in 2011. It’s not hard to figure out why. Agencies are offering federal employees buyouts and early outs left and right to deal with limited budgets. And with Congress constantly threatening to further freeze feds’ pay, increase their retirement contributions, or switch to a high-5, many feds are beating a path to the door. Federal Times would like to hear from you about the still-increasing retirement trend, and how…

Are you one of the 18,000 people who accepted the Postal Service’s $15,000 buyout offer? Want to talk about why you took the deal? E-mail me. (Alternatively, if you didn’t accept the deal, I want to hear why not!) I’m working on a story about the buyouts, and I’d love to include your stories. Glad to keep you anonymous, of course.