Buyouts for Feds?

[Anonymous]

What happens if like 75% of employees take this?

[Anonymous]

Anonymous wrote:

Anonymous wrote:It is actually a good idea for people already planning to retire. Some other folks would regret retiring a few weeks ago.

Typo, good deal

A good deal would be a VERA/VSIP which would take a huge chunk of older federal workers out of the workforce, which is really who you want gone anyway. I don’t understand why someone who is retirement eligible or close to it would take this instead of waiting a few years for retirement or waiting for Riff and receiving the appropriate much larger payout

[Anonymous]

Anonymous wrote:I don’t get it, why does he want to get rid of EVERYONE? How will the government function at all to “Make America Great Again”?

It won't. That's the point.

[Anonymous]

The sad thing is lots of people will take this for the cash, then not be able to find new employment or good new employment, and they will be far far worse off for it.

[Anonymous]

Anonymous wrote:The sad thing is lots of people will take this for the cash, then not be able to find new employment or good new employment, and they will be far far worse off for it.

The private sector is going to be flooded with job seekers. This is such a bad idea.

[Anonymous]

Government is under continuing resolution. No authority to obligate salary funds.

It’s a trap. Think hard before you agree to this.

Look at how many other things they have tried to do illegally. And are stopped. Congress would have to act on funds….remember power of the purse? Oh yes, pesky constitution.

[Anonymous]

First in line should be anyone at the Fed that voted for this snake.

[Anonymous]

Anonymous wrote:What happens if like 75% of employees take this?

I doubt it will even be 2%. If you still have to work until September, what's the point? You can also just resign then. If people are forced to go back to an office they can just use leave liberally and interview until September.

[Anonymous]

Anonymous wrote:Government is under continuing resolution. No authority to obligate salary funds.

It’s a trap. Think hard before you agree to this.

Look at how many other things they have tried to do illegally. And are stopped. Congress would have to act on funds….remember power of the purse? Oh yes, pesky constitution.

How has he been stopped?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is actually a good idea for people already planning to retire. Some other folks would regret retiring a few weeks ago.

Typo, good deal

Not it’s not. It doesn’t pay a lump sum it pays salary until September 30 while you remain employed. If you quit sooner you’re eligible for deferred retirement - which you would be anyway - but you don’t get paid more than what you worked. Basically it exchanges no return to office for a promise to leave by September 30 or sooner. That’s the only benefit above what you’d get if you just worked anyway and resigned or were fired at any point.

Ok so it basically allows you to TW/remote work until September provided you agree to resign?

[Anonymous]

Anonymous wrote:What happens if like 75% of employees take this?

Schweet more parking at government sites.

Thats what I do lift people up

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is actually a good idea for people already planning to retire. Some other folks would regret retiring a few weeks ago.

Typo, good deal

Not it’s not. It doesn’t pay a lump sum it pays salary until September 30 while you remain employed. If you quit sooner you’re eligible for deferred retirement - which you would be anyway - but you don’t get paid more than what you worked. Basically it exchanges no return to office for a promise to leave by September 30 or sooner. That’s the only benefit above what you’d get if you just worked anyway and resigned or were fired at any point.

Ok so it basically allows you to TW/remote work until September provided you agree to resign?

Not agree to resign. Actually resign. You’re not working at all, you’ve resigned.

[Anonymous]

What happens if we retire? I am not eligibl yet

[Anonymous]

Anonymous wrote:What happens if we retire? I am not eligibl yet

Sounds like you have eight months to find a job

[Anonymous]

If this is true, the time between 2/6 and end of September counted as service comp time? I plan to retire in August when I turn 62. If this counts as service comp, I’d certainly take it now