Buyouts for Feds?

[Anonymous]

Whats the catch?

[Anonymous]

Anonymous wrote: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

Sounds like it. You just don’t have to come in, but aren’t retired until then.

[Anonymous]

This isn't a buyout at all. You need to keep working. No one in their right mind would take this. At least wait until they offer a VSIP or early retirement.

[Anonymous]

Anonymous wrote:Whats the catch?

The catch is the first articles were completely wrong.

[Anonymous]

No definitions about who is a fed, what this means for retirement benefits. How does this compare to making them RIF us and getting severance?

[Anonymous]

This is not legal anyway. It hasn’t stopped them yet offering illegal things but it’s not legal.

[Anonymous]

Anonymous wrote:

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.

They people who will take this are probably people who moved way far out and can handle five days in office, or people with personal constraints such as afterschool childcare. It’s not a good deal otherwise.

[Anonymous]

Anonymous wrote:

Anonymous wrote: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

Sounds like it. You just don’t have to come in, but aren’t retired until then.

If that’s true, I would take it in a heartbeat

[Anonymous]

Anonymous wrote:

Anonymous wrote: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

Sounds like it. You just don’t have to come in, but aren’t retired until then.

how can you infer anything from this? There’s no way to tell. this is a joke.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This can't be accurate. VSIP authority is limited to $25k.

The NBC article says it's a deferred resignation. Any chance they could put people on admin leave until September?

https://www.nbcnews.com/politics/white-house/trump-administration-offer-federal-workers-buyouts-resign-rcna189661

How will losing 5-10% of 3 million people save 100 billion?

If 300,000 people took this, they'd need to be making an average of $333,333 to make that math work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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

Sounds like it. You just don’t have to come in, but aren’t retired until then.

If that’s true, I would take it in a heartbeat

You have to keep working until September.

[Anonymous]

I'm at a dhs component and didn't reply to the fishy opm msgs. Haven't seen the opm blast yet. Has anyone in DHS received it? And if so, did you reply to the opm email?

Honestly if it was around two years I'd take the money (if I had confidence it'd be paid out, which I dont in this circumstance!)

[Anonymous]

I am fully remote and I am going to take it. Never have to go in again and I basically stopped working today

[Anonymous]

Anonymous wrote:He won’t actually pay. Where do the funds come from?

This was my thought, too. Isn't he known for bouncing checks/stiffing people?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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

Sounds like it. You just don’t have to come in, but aren’t retired until then.

If that’s true, I would take it in a heartbeat

You have to keep working until September.

no you don't