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GAO Plans Early Exits for Employees

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The Government Accountability Office is now the latest agency trying to reduce its workforce by offering early retirements and buyouts.

GAO Comptroller General Gene Dodaro announced the plans Aug. 8 in a memo to all agency employees. The early retirement offers are a certainty and the buyouts are conditional upon approval by the Office of Personnel Management.

Eligible employees for early retirement include employees aged 50 and over with at least 20 years of federal service, or any age with at least 25 years of service.

The memo said employees interested in a buyout or retirement must apply by Sept. 6. Applicants will be notified of their status by Sept. 13 and those approved for retirement must leave the agency by Sept. 30.

If OPM does not give the GAO permission for buyouts, the offer will be withdrawn.

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