Home / Civilian / OPM Unveils New Regulations for Phased Retirements

OPM Unveils New Regulations for Phased Retirements

Office of Personnel Management logoThe Office of Personnel Management has started implementing guidelines for a phased retirement option, where eligible federal employees work 20 hours per week and receive pension benefits, GovExec reported Tuesday.

Eric Katz writes the agency will determine the eligibility, payment and benefits related to the retirement option passed into law in 2012.

OPM was set to publish the guidelines in the Federal Register Wednesday, according to the report.

Employees who have served in the federal government for the last three years are eligible and will earn half of regulary pay and half of retirement annuity, according to the report.

Check Also

Bindu Nair: Pentagon Aims to Accelerate Basic Research’s Impact on Capabilities Through Pilot Program

Bindu Nair, deputy director for basic research at the Defense Department, told Federal News Network in an interview published Thursday that DoD intends to speed up basic research’s impact on capabilities through the Defense Enterprise Science Initiative. The Pentagon selected five university-industry teams in August for the DESI pilot program that seeks to address technological gaps and support other basic research initiatives within the department.

Leave a Reply

Your email address will not be published. Required fields are marked *