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This year and the next could set a new record for federal retirements. Senior correspondent Mike Causey says that's good news if you are stuck on your agency's promotion ladder, but not so good news if it means finding a cookbook for ways to prepare cat food.
It seems like every week another agency is offering employee buyouts and early retirements. But they're not designed to make you rich. So how do you decide when a buyout is right for you? The Federal Drive spoke with registered employee-benefits consultant Ed Zurndorfer to get some answers.
Buyouts are popping up all over the government. And even if you are not in the market, they may have an impact on your job, your promotion potential and, if you are planning to retire anyhow, how quickly you get your first full annuity payment, Senior Correspondent Mike Causey says.
Uncle Sam's five-month buyout season is about to end. So if you were thinking about leaving with a $25,000 check, grab it while you can, Senior Correspondent Mike Causey says.
Buyouts are popping up all over the government. And even if you are not in the market, they may have an impact on your job, your promotion potential and, if you are planning to retire anyhow, how quickly you get your first full annuity payment, Senior Correspondent Mike Causey says.
The IRS is the latest agency to join the 2012 buyout parade. Employees in other agencies should study it because it may be the model for similar buyouts governmentwide, Senior Correspondent Mike Causey says.
A list of agencies considering or offering buyouts and early retirements in 2012.
Steve Losey is a reporter with Federal Times. He brings a recap of the supercommittee stalemate and what the deficit could mean for federal employees.
The buyouts and early retirements apply to billing and collection jobs in 11 regional health care networks. They are part of VA\'s initiative to consolidate accounting activities.
With federal workforces potentially on the budget chopping block, the Office of Personnel Management is extending a helping hand to feds who may find themselves jobless in the near future.
IRS will offer buyouts to employees who do not deal directly with taxpayer services. It\'s possible that a second round of buyouts will be offered to a wider range of employees.
Would you take a buyout if the boss offered you one? You might want to decide now because if and when an offer comes, it won\'t be on the table very long, Senior Correspondent Mike Causey says.
The three agencies have joined a growing number that are offering incentive payments for employees to leave the payroll. Federal News Radio provides a roundup of recent buyout offers.
Making the decision to accept buyout money can change your life for good or bad. Financial and career experts told Federal News Radio the right answer depends on who you are and what you expect and need in life.