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Search Tags: buyouts
As the Internal Revenue Service prepares to enter tax season full-bore, the agency is faced with a tightened budget, a shrinking workforce and an ever-more complex and increasing workload. That combination, along with leadership changes at the top of agency, threatens to upend the gains IRS has made over the past few years to better manage its workforce, according to the Treasury Inspector General for Tax Administration, an agency watchdog.
Are you sick of hearing the F-word coming out of Washington? Would you offer yourself up as buyout bait? If the answer to either is yes, check out Senior Correspondent Mike Causey's Federal Report for the latest forecast.
Many federal workers, fed up with pay freezes and budget teasers, are hoping for a buyout that will let them depart with a cash bonus. But in reality most feds are more likely to get a pay cut than a buyout, Senior Correspondent Mike Causey says.
Federal Times senior writers Sean Reilly and Stephen Losey will update us on sequestration, buyouts, and the big issues affecting federal workers in 2013.
December 19, 2012
Walton Francis, author of the Consumer's Checkbook
Guide to Federal Health Plans, will provide tips
on what to look for when choosing your health
November 28, 2012
Tags: pay and benefits , Open Season , FEHBP , Walton Francis , Sean Reilly , Federal Times , USPS , early retirements , budget cuts , Mike Causey , Your Turn , Checkbook Guide to Health Plans for Federal Employees
The U.S. Postal Service will not be offering any new buyouts in the near future, according to Anthony Vegliante, the agency's chief human resources officer. USPS offered three different buyouts in 2012. In an exclusive interview with Federal News Radio, Vegliante said the Postal Service will drop to around 500,000 employees by the end of January due to multiple consolidation efforts at the agency.
Postmaster General Patrick Donahoe says his number one priority is seeing legislation passed in the upcoming lame-duck session of Congress that will help the U.S. Postal Service get out of debt. In an exclusive interview with Federal News Radio, Donahoe details the latest on the agency's financial situation, buyouts, the consolidation of mail processing centers, and its plan to cut window hours at half of its post offices across the country.
A list of agencies considering or offering buyouts and early retirements in 2012.
Do you have something that is shrinking with age? If you are with the Postal Service, its the size of your buyouts, Senior Correspondent Mike Causey says. They are getting smaller all the time. Is this a trend feds in other agencies need to watch? Is it the precursor of an offer you can't refuse.
The service will offer $15,000 incentive that would be paid out over two installments to retirement-eligible employees.