OPM Buyouts Could Threaten Progress on Retirement Claims Backlog

OPM Buyouts Could Threaten Progress on Retirement Claims Backlog

This story has been updated.

The Office of Personnel Management is offering buyouts and early retirement packages to hundreds of employees across the agency, according to a memorandum from Acting Director Elaine Kaplan.

OPM received approval to offer 299 buyouts and early outs to employees and will send individual emails to eligible workers on June 17, said Kaplan in the May 31 memo, obtained by Government Executive. OPM is using its flexibility to address a tight budget, Kaplan said, but the voluntary employee departures could have other consequences. The agency is offering 17 buyouts to employees in its retirement services division, the office responsible for processing retirement applications and clearing up the current backlog. The 17 buyouts are “limited to non-supervisory employees who are eligible for optional/regular retirement,” according to agency documents.

There are 955 employees in OPM’s retirement services division. Continue reading “OPM Buyouts Could Threaten Progress on Retirement Claims Backlog”