According to a Federal News Network analysis of Office of Personnel Management data, 6,000 fewer employees retired in 2019 compared to the previous year. Federal employees say a combination of personal, financial, health and family reasons — in addition to their agency’s leadership, budget and political climate — all influence their retirement decisions.
Have you delayed your retirement to keep working longer? Or are you ready to leave the day you’re eligible? Tell Federal News Network about your retirement plans with this anonymous survey.
Ever since the late 1990s some experts on government matters have been predicting a tidal wave of retirements from key federal agencies. That sparked fears of a brain drain as experienced feds fled their jobs heading for the shuffle-board courts.
For now, the 35-day government shutdown does not seem to have caused a massive increase in federal retirement, despite predictions to the contrary.
Nearly 12,000 more federal employees retired in 2018 than the previous year. It may not be a “tsunami,” but the federal community has said it could be the start of a retirement wave.
If there is another government shutdown on Feb. 15, it may be the earthquake that causes the retirement tsunami to finally strike.
On a more cosmic level, the record-long 35 day shutdown raises lots of questions about the future of government service and civil servants. The issue is whether a lot of people quit or retire in disgust?
Federal employees left their jobs at a higher rate under the first year of the Trump administration than at any other point in recent years.
Are federal workers retiring in larger numbers? Are we on the verge of the so-called retirement tsunami that experts have been predicting for years? Find out when Federal News Radio reporter Nicole Ogrysko joins host Mike Causey on this week’s Your Turn. March 7, 2018
2017’s retirement numbers paled in comparison to those of the mid-years of the Obama administration.