OPM offering 300 buyouts
By Josh Hicks, Published: June 7, 2013 at 8:58 amE-mail the writer
The Office of Personnel Management plans to offer 300 buyouts to employees across 14 of its divisions, according to an agency official.
People walk past the EPA building on May 24, the first day of furloughs for the agency. (Mark Wilson/Getty).
(Wikimedia Commons)
OPM will limit the number of buyouts for individual divisions to “avoid an unmanageable number of departures and diminished work capacity,” according to the OPM official, who spoke anonymously to discuss details of a plan the agency has not yet publicly announced.
The agency’s 2014 budget plan calls for a $2.2-million reduction in salaries and expenses. For 2013, the agency is set to spend about $91 million on such costs, roughly on par with the previous year.
Regulations for buyouts allow workers to collect up to $25,000 for leaving an agency, while early-retirement guidelines require that they must have at least 25 years of service or be at least 50 years old and have completed 20 years.
OPM will offer buyouts in the following departments: human resources; CFO; CIO; congressional, legislative and intergovernmental affairs; communications; employee services; executive secretariat and ombudsman; EEO; facilities, security and contracting; healthcare and insurance; merit system accountability and compliance; general counsel; planning and policy analysis; retirement services.
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American Federation of Government Employees Local 704 