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Search Tags: buyouts
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.
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.
The General Services Administration is offering buyouts and early retirements to 1,022 employees. The employees have until July 20 to apply and must separate from service between Aug. 3 and Sept. 30.
The service launched a new portal to let civilian workers prepare for retirement, request a retirement estimate and acquire the necessary paperwork to pay a military or civilian deposit.
NARFE president Joseph Beaudoin and Federal Times
reporters Stephen Losey and Sean Reilly join host
Mike Causey to talk about a wide variety of issues
affecting federal workers.
June 6, 2012
Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey.
May 30, 2012
The U.S. Postal will offer buyouts and early retirements to more than 45,000 mail handlers, USPS announced Friday. Employees opting for the early-out will receive a $15,000 incentive payment — half to be paid in December, and the other half to be paid in December 2013. The new buyout offers are the result of "in depth discussions" between USPS and the National Postal Mail Handlers Union and an agreement that was inked Tuesday.
Host Mike Causey will talk postal reform and other issues with Sally Davidow of the American Postal Workers Union, and Steve Watkins and Sean Reilly of the Federal Times.
May 16, 2012
Tags: pay and benefits , USPS , postal reform , Pensions , Sally Davidow , American Postal Workers Union , downsizing , Steve Watkins , Sean Reilly , Federal Times , GSA scandal , Mike Causey , Your Turn
As part of a cost-savings plan designed to halt the closings of rural postal facilities, the U.S. Postal Service said it would offer $20,000 buyout incentive payments to 21,000 full-time postmasters.
The combination of buyouts, a surge in baby boomer retirements and a hostile Congress may make this the worst year, maybe ever, to consider retiring, Senior Correspondent Mike Causey says.