Shows & Panels
- AFCEA Answers
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Connected Government
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Cyber Imperative
- Cyber Solutions for 2013 and Beyond
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Mission-critical Apps in the Cloud
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- The Real Deal on Digital Government
- The Reality of Continuous Monitoring... Is Your Agency Secure?
- Veterans in Private Sector: Making the Transition
Shows & Panels
Botched predictions on federal retirement have breathed life into the idea of a so-called retirement tsunami. But it hasn't materialized, leaving the government to deal with a slow leak. Federal News Radio's special report, Retirement Conundrum, investigates what led to the faulty forecast, why OPM has trouble reducing the retirement claims backlog, and how agencies retain institutional knowledge as longtime employees walk out the door.
A federal retirement tsunami has been predicted for years but never quite materialized. In our special report, "Retirement Conundrum," Federal News Radio reexamines the trends and developments that led to the botched predictions and what it means today with a recent uptick in retirements reviving old worries.
Not that long ago, the Office of Personnel Management faced a crisis in processing retirement claims. In part two of our special report, "Retirement Conundrum," Federal News Radio examines how OPM set out to beat its backlog, and how it can stay ahead of an unexpected surge in claims amid automatic budget cuts that threaten to derail progress.
Even though a massive federal retirement tsunami has been a no-show, even a moderate uptick in retirements could pose challenges for agencies -- especially as they face decreasing budgets and declining staffs. In part three of our special report, "Retirement Conundrum," Federal News Radio examines how agencies plan to retain institutional knowledge and fill critical skills gaps as longtime employees head for the exits.
In this special Federal Drive panel discussion, guest experts discuss the impending retirement wave and how agencies can plan effectively for the loss of experience and knowledge when their long-time employees head for the experts.
In fiscal 2012, 69,215 federal employees put in for retirement. That's well above the number who retired in either of the previous two years, but it's hardly unprecedented. In fiscal 2007, almost as many employees — 62,366 — filed for retirement. In fact, in each of the three years between 2005 and 2007, retirements topped 60,000, according to OPM data. In this chart, track the ebb and tide of federal retirements over the years.