Broadcasting Board of Governors offers buyouts, early outs

Monday - 10/22/2012, 3:42pm EDT

The Broadcasting Board of Governors is offering buyout and early retirement offers to up to 287 employees.

Employees have until Nov. 9 to apply for Voluntary Incentive Separation Payments (VSIP) and they must leave the agency by Dec. 31, according to a BBG emailed statement to Federal News Radio.

Employees have until Nov. 30, 2013, to apply for a Voluntary Early Retirement Authority.

"Buyouts are being offered to minimize the effects of potential budget reductions and to enable the agency to acquire new skills required by the agency's mission," said a BBG spokesman in the email.

The offers are available to employees throughout the agency.

Based on previous buyout offers, the agency said it expects 30 to 50 applications.

BBG, which includes Voice of America, is an independent government agency responsible for non-military broadcasting overseas.

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