Trump buyout: resign by Feb 6, get paid until Sept 30

Anonymous
My DH is seriously thinking about this. He was eligible to retire in Oct 2024 and he planned on retiring in August.

He thinks it’s a great deal. I don’t know what to think (I’m not a fed and I’m much younger than him so nowhere near retirement)

Any thoughts?
Anonymous
Anonymous wrote:My DH is seriously thinking about this. He was eligible to retire in Oct 2024 and he planned on retiring in August.

He thinks it’s a great deal. I don’t know what to think (I’m not a fed and I’m much younger than him so nowhere near retirement)

Any thoughts?

Just retire. Don't give them a reason to fire you before you do. And if you can wait see if they provide the actual normal incentives when they want Feds to retire.
Anonymous
Anonymous wrote:

It’s not as good as if they officially RIF you. If you wait for the government to lay you off, you will be given more than this.


I thought they are trying to drive people away by making their job life miserable. Why would they RIF?

Anonymous
I'm so confused about this. What would prevent an agency from firing anyone who picked this, rather than letting them sit on an agency's books for 8 months on admin leave? Who would want to keep people sitting on payroll not doing anything?
Anonymous
Anonymous wrote:My DH is seriously thinking about this. He was eligible to retire in Oct 2024 and he planned on retiring in August.

He thinks it’s a great deal. I don’t know what to think (I’m not a fed and I’m much younger than him so nowhere near retirement)

Any thoughts?


He should find out how this affects his retirement - ie, if he's quitting, is he still eligible to retire?
Anonymous
For those eligible to retire and thinking about retiring, there seems to be little risk to this offer? The resignation is deferred, so you can always retire just before the resignation date or earlier if things seem to be going off-the-rails with the deal.
Anonymous
Anonymous wrote:
Anonymous wrote:Has anyone received solid guidance on how to evaluate this offer? If so, please share. I am retirement eligible.


Why not just retire versus resign?


Because I could theoretically get eight more months of pay without working.
Anonymous
Anonymous wrote:For those eligible to retire and thinking about retiring, there seems to be little risk to this offer? The resignation is deferred, so you can always retire just before the resignation date or earlier if things seem to be going off-the-rails with the deal.


I think this is made for people who are retirement eligible. Hard to see the downside.
Anonymous
I know multiple GS-14+ Feds thinking of taking this if it is confirmed. Just saying.
Anonymous
Anonymous wrote:I know multiple GS-14+ Feds thinking of taking this if it is confirmed. Just saying.

Isn't 8 months of pay more than the 25k max severance pay? I don't trust it at all. My letter read that you wouldn't have to return to the office nothing about not working. I wouldn't believe for a minute that anyone that agrees to this they would find a reason to fire you for "not being loyal" then you would lose your retirement benefits.
Anonymous
Anonymous wrote:
Anonymous wrote:I know multiple GS-14+ Feds thinking of taking this if it is confirmed. Just saying.

Isn't 8 months of pay more than the 25k max severance pay? I don't trust it at all. My letter read that you wouldn't have to return to the office nothing about not working. I wouldn't believe for a minute that anyone that agrees to this they would find a reason to fire you for "not being loyal" then you would lose your retirement benefits.


Anyone who thinks they can resign and get paid to do nothing is going to find out sooner or later. The government can always come back years later and collect any payments you shouldn't have gotten.
Anonymous
Anonymous wrote:My DH is seriously thinking about this. He was eligible to retire in Oct 2024 and he planned on retiring in August.

He thinks it’s a great deal. I don’t know what to think (I’m not a fed and I’m much younger than him so nowhere near retirement)

Any thoughts?


Earlier I posted Senator Tim Caine on not trusting trump's scam and trump's scam. Posting link again
Trump is a liar and is known for screwing his employees as well as contractors.

https://www.foxnews.com/politics/sen-kaine-claims-trump-stiff-federal-employees-who-take-buyout-offer-do-not-fooled
Anonymous
So - roll call. Who is taking the offer, and why?
Anonymous
Anonymous wrote:So - roll call. Who is taking the offer, and why?


I hear most of the people who work at social security have jumped on this offer.
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