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Search Tags: buyouts
The Internal Revenue Service has decided to offer a limited number of buyouts to many of the same employees who were asked if they would take $25,000 to retire last year. Other agencies are also making plans for limited, quick-decision buyouts.
The Agriculture Department's closing of 259 offices could result in buyout offers, said the agency's deputy secretary. This week Agriculture Secretary Tom Vilsack said the closures would save about $150 million year in the agency's $145 billion budget.
Reading about buyouts is as exciting and unrewarding as hearing about million-dollar lottery winners, unless you find out you may have one of the winning tickets, Senior Correspondent Mike Causey says.
The Air Force has targeted an additional 4,500 civilian positions for elimination as it completes a broad restructuring of its civilian workforce. The latest reductions follow a rebalancing in November, which saw 9,000 positions marked for elimination and a second wave of buyouts announced Jan. 3.
The agency said it wants to reduce its workforce by 5 percent. GSA hopes the restructuring will ensure it has the skill sets required for peak efficiency and effectiveness. The Office of Personnel Management must approve its request.
That wave you see out there just could be the long-anticipated retirement tsunami, and if coupled with expanded buyout offers it could create the perfect storm, Senor Correspondent Mike Causey says. So, is your lifeboat ready?
The Air Force has announced a second round of buyouts and early retirements affecting the service's civilian employees. Officials said the second round is part of the
A list of federal agencies that considered or offered buyouts and early retirements in 2011.
Federal News Radio's Emily Kopp counts down the top federal workforce stories of 2011 and makes some predictions fo 2012.
The buyouts and early retirements apply to billing and collection jobs in 11 regional health care networks. They are part of VA's initiative to consolidate accounting activities.