Friday, October 26, 2012

Small federal agency offers early retirement buyouts

Article Title: Broadcasting Board of Governors offers buyouts, early outs
Snippet of Article: "...To be eligible for a Voluntary Early Retirement Authorization (early out), employees must have 20 years of service and be at least 50 years of age, or have at least 25 years of service -- this applies to those covered under the Civil Service Retirement System or the Federal Employees Retirement System. Buyouts, or Voluntary Separation Incentive Payments, are cash incentives of up to $25,000 for employees who meet certain criteria. Agencies can combine the cash incentive buyouts with early-out options if they choose to...."


Source: www.govexec.com

[tag]Federal,Government,Military,Retiree, early retirement, buyouts, [/tag]