4:20 am, July 13, 2014

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  • What will $15K do?
    Lisa Lisa
    I just cant figure out WHY anyone would find $15K appealing? Perhaps for the person that has 30 yrs in and is 60 something. I mean..what would you do with the money if you had it? Would you dump most of it into your retirement (realizing you cant exceed the annual cap)? The $15K you get, is taxable correct? So really, you arent even getting $15K, you would get what..$10K after taxes? So..I ask again..why would an agency think that this money would be appealing enough that people would leave? Who would be the best people to take this teensy tiney offer?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Why take $15K
    CAfed
    People like me who have purchased a house in another state after being promised we could work out of the local office in the new state. Promised forover a year. now the house is purchased, I am in the process of moving, and have been told I can no longer work out of the local office. That's who would take the money and thumb their nose at Obama!
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • To both Lisas
    UmbratilisFed
    The number wrong (it is usually $25k but sometimes less) but your reasoning is sound. If you premise your retirement on receiving a buyback offer you probably can't afford to retire. Why not wait for phased retirement? Oh yeah, it will take two years to write the regulations and your management will only offer it to their favorites.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Full severance is needed
    Moderate
    If they give me the $25000 when I am ready to retire anyway then it is worth it. Otherwise, it is worthless. Now if they gave full severance then maybe since I am close to retiring anyway.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Full severance is needed
    Moderate
    If they give me the $25000 when I am ready to retire anyway then it is worth it. Otherwise, it is worthless. Now if they gave full severance then maybe since I am close to retiring anyway.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • It's Not Much But
    Fed1979
    Buyouts appeal to those that are going to retire anyway. I am currently eligible but plan to stay another 11 months. However, if offered a buyout I will go now. It will be enough to cover expenses until OPM finalizes my annuity.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • It's Not Much But
    Sleepless G
    "It will be enough to cover expenses until OPM finalizes my annuity." Ha Ha Maybe?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Show Us the Money!
    vetdude
    SSA is offering an early out if employees separate by Sept. 30,2012, but, NO buyout. Not much incentive here.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • No Maybe
    Fed1979
    It will be enough. After working for 30+ years and good planning, my expenses are not that high.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Question
    Rob
    If I take an early retirement knowing that I can't afford to retire can I get welfare benefits?
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Discrimination
    Moderate
    Only for Dems. No wealthy Repubs.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • I'm not holding my breath
    dailycheese
    Earlier this year my agency offered buyouts. When the word got out, a lot of employees that are already eligible to retire got excited. Then the buyout offers went out. First to the non-front line positions. So IT types and admin types got offers. When they didn't get enough takers, the word again went out that offers would be made to "front line" employees. A lot of retirement-eligible employees again got their hopes up that they would get a letter. Max payout of $25,000 before taxes. Around $17,000 after. Who got letters? People who were not interested in retiring. Why? Because management had to issue X number of offers. So they targeted the offers to people that qualified but who they figured would not take them, thereby protecting program delivery. If an agency is serious about buyouts, send a simple survey to eligible employees first. Ask one question. If a buyout is issued would you take it? 1) definitely. 2) maybe 3) absolutely not. Then if an agency is serious about reducing staffing, they can focus buyouts on employees that are interested.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Waiting until you become a skeleton
    Teachersson
    The interest in buyouts here was polled. The interest was overwhelming. After all, who wants to work here? I heard they turned around and only offered it to employees who would have otherwise been layed off. "Surgical buyouts" are holding back the flood gates.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }