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Tag Archives: retirement

OPM Forming New Phased Retirement Structure

The Office of Personnel Management has released new details about a new program that would let federal employees eligible for retirement switch to part-time work, the Washington Post reports. According to Eric Yoder‘s report, participating employees would receive a prorated partial salary and annuity, based on the amount of time …

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GSA Enters Buyout Round 2; Tony Costa Comments

The General Services Administration has given 1,022 employees offers for buyouts or early retirements and expects 200 of them to accept, Federal Times reports. Chief People Officer Tony Costa said in a memo that only eligible employees received news about the offers via email, according to Stephen Losey’s report. GSA …

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CBO: 30% Growth in Retirement Benefit Spending Likely

The Congressional Budget Office predicts the number of federal retirees will increase by 10 percent over the next decade, helping spur a close to 30 percent increase in retirement benefit spending over that period. Total spending on federal retirement will likely grow from $73.9 billion to $95.7 billion, while Social Security …

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Air Force Civilian Hiring Freeze Ends Thursday

The Air Force will lift its civilian hiring freeze Thursday, it was announced Wednesday. The hiring freeze was implemented in August to bring the workforce down to 2010 levels, the Air Force said. Early retirements and buyouts were also offered and employees who accept the offers are expected to leave …

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Stimulus Chairman Earl Devaney to Retire

Earl Devaney, chairman of the Recovery Accountability and Transparency Board, is submitting his resignation to the White House with plans to retire, according to the Washington Post. He told the Post that after 41 years of service to four federal agencies he plans to move to Florida with his wife …

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