Did any Feds resign?

[Anonymous]

Anonymous wrote:Washington Post today said the offer wasn't even authorized by the OPM or anyone official, so it seems nuts for anyone to take it.

In the private sector, if you are offered a "buyout" it typically is fairly generous...like 18 months salary, plus 18 months of benefits...with the 18 months salary provided in a lump-sum up-front payment.

It used to be fairly common (maybe still is) among the large F500 old-school companies like say GE. Before implementing layoffs they would first try to induce people to voluntarily resign through a buyout.

The same WaPo was breathlessly reporting this “buyout” as the deal of the century yesterday.

[Anonymous]

I forwarded the email to the inspector general but then he got fired so I forwarded it to GAO.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Washington Post today said the offer wasn't even authorized by the OPM or anyone official, so it seems nuts for anyone to take it.

In the private sector, if you are offered a "buyout" it typically is fairly generous...like 18 months salary, plus 18 months of benefits...with the 18 months salary provided in a lump-sum up-front payment.

It used to be fairly common (maybe still is) among the large F500 old-school companies like say GE. Before implementing layoffs they would first try to induce people to voluntarily resign through a buyout.

The same WaPo was breathlessly reporting this “buyout” as the deal of the century yesterday.

Buy outs private sector are not that generous for staff. My last two places two weeks per year staff, three weeks per year managers, four weeks per year VPs and six weeks per year SVPS and up.

And my last place did not provide any medical coverage in plane. But did provide pro-rated bonus.

And EVERY company I worked at and I have seen severance plans at multiple companies it maxes out at one year severance unless you have a contract like a CEO.

If you gave everyone 18 months pay with 18 months medical like 80 percent of company would take it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Washington Post today said the offer wasn't even authorized by the OPM or anyone official, so it seems nuts for anyone to take it.

In the private sector, if you are offered a "buyout" it typically is fairly generous...like 18 months salary, plus 18 months of benefits...with the 18 months salary provided in a lump-sum up-front payment.

It used to be fairly common (maybe still is) among the large F500 old-school companies like say GE. Before implementing layoffs they would first try to induce people to voluntarily resign through a buyout.

The same WaPo was breathlessly reporting this “buyout” as the deal of the century yesterday.

Buy outs private sector are not that generous for staff. My last two places two weeks per year staff, three weeks per year managers, four weeks per year VPs and six weeks per year SVPS and up.

And my last place did not provide any medical coverage in plane. But did provide pro-rated bonus.

And EVERY company I worked at and I have seen severance plans at multiple companies it maxes out at one year severance unless you have a contract like a CEO.

If you gave everyone 18 months pay with 18 months medical like 80 percent of company would take it.

But are they also imaginary/illegal, is the question.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am seriously considering it. I’m retirement eligible, and I really don’t want this drama. I would only do it if the admin leave is real, so waiting for agency guidance. The agency has been silent on the deferred resignation so far, but there is lots of offline chatter about how it is illegal and can’t be funded. If they aren’t going to put people on administrative leave leave as directed by the OPM memo and FAQs, they need to say so.

What is the effect on your retirement if you resign/get fired rather than officially retire? Do you even know?

+1 I heard that the details were sparse on how this impacted your retirement payments. Devil's in the details.

[Anonymous]

Anonymous wrote:Washington Post today said the offer wasn't even authorized by the OPM or anyone official, so it seems nuts for anyone to take it.

In the private sector, if you are offered a "buyout" it typically is fairly generous...like 18 months salary, plus 18 months of benefits...with the 18 months salary provided in a lump-sum up-front payment.

It used to be fairly common (maybe still is) among the large F500 old-school companies like say GE. Before implementing layoffs they would first try to induce people to voluntarily resign through a buyout.

But this obviously wasn’t a “buy out”. You would still have to work.

[Anonymous]

Maybe they want to see who responds to the email, they’ll create a list of agencies with the highest response rates and make them a target them for DOGE. Think about the second and third order impacts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Washington Post today said the offer wasn't even authorized by the OPM or anyone official, so it seems nuts for anyone to take it.

In the private sector, if you are offered a "buyout" it typically is fairly generous...like 18 months salary, plus 18 months of benefits...with the 18 months salary provided in a lump-sum up-front payment.

It used to be fairly common (maybe still is) among the large F500 old-school companies like say GE. Before implementing layoffs they would first try to induce people to voluntarily resign through a buyout.

But this obviously wasn’t a “buy out”. You would still have to work.

But Leon said I could take a vacation and still get paid!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am seriously considering it. I’m retirement eligible, and I really don’t want this drama. I would only do it if the admin leave is real, so waiting for agency guidance. The agency has been silent on the deferred resignation so far, but there is lots of offline chatter about how it is illegal and can’t be funded. If they aren’t going to put people on administrative leave leave as directed by the OPM memo and FAQs, they need to say so.

What is the effect on your retirement if you resign/get fired rather than officially retire? Do you even know?

+1 I heard that the details were sparse on how this impacted your retirement payments. Devil's in the details.

Pretty sure this would not be a discontinued service retirement because you are resigning. But if you are otherwise eligible to retire you get the same payments/benefits. I don't think there is an official "retirement" other than HR putting your paperwork together which they would presumably do with this separation just like any other.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Washington Post today said the offer wasn't even authorized by the OPM or anyone official, so it seems nuts for anyone to take it.

In the private sector, if you are offered a "buyout" it typically is fairly generous...like 18 months salary, plus 18 months of benefits...with the 18 months salary provided in a lump-sum up-front payment.

It used to be fairly common (maybe still is) among the large F500 old-school companies like say GE. Before implementing layoffs they would first try to induce people to voluntarily resign through a buyout.

The same WaPo was breathlessly reporting this “buyout” as the deal of the century yesterday.

Buy outs private sector are not that generous for staff. My last two places two weeks per year staff, three weeks per year managers, four weeks per year VPs and six weeks per year SVPS and up.

And my last place did not provide any medical coverage in plane. But did provide pro-rated bonus.

And EVERY company I worked at and I have seen severance plans at multiple companies it maxes out at one year severance unless you have a contract like a CEO.

If you gave everyone 18 months pay with 18 months medical like 80 percent of company would take it.

So, if you have people that have worked at a place for 20 years then staff are receiving 40 weeks (10 months), managers 60 weeks (15 months), VPs 80 weeks (20 months) and SVPS+ 120 weeks (30 months). Maybe the 18 months average is a little high...but the average buyout is still much longer than 8 months.

I should have noted, the buyouts are usually capped in terms of numbers of employees...so it incents people to not think about it too long because after a certain number take it, then it's off the table.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am seriously considering it. I’m retirement eligible, and I really don’t want this drama. I would only do it if the admin leave is real, so waiting for agency guidance. The agency has been silent on the deferred resignation so far, but there is lots of offline chatter about how it is illegal and can’t be funded. If they aren’t going to put people on administrative leave leave as directed by the OPM memo and FAQs, they need to say so.

What is the effect on your retirement if you resign/get fired rather than officially retire? Do you even know?

+1 I heard that the details were sparse on how this impacted your retirement payments. Devil's in the details.

Pretty sure this would not be a discontinued service retirement because you are resigning. But if you are otherwise eligible to retire you get the same payments/benefits. I don't think there is an official "retirement" other than HR putting your paperwork together which they would presumably do with this separation just like any other.

But, it would be considered "early retirement", no? If your official retirement date is Dec 1, and you "retire" Sept 30", then how does that impact your retirement payments?

[Anonymous]

Anonymous wrote:Do you know of anybody who actually replied to the email and resigned? Everything I read suggests that it’s a very bad idea because there’s no guarantee of anything. I wonder how many people have taken the bait.

If they did they were fools.

Musk is never paying them
Trump is never paying them.

Those are facts.

[Anonymous]

Managers and others at the FDIC need to be Riffed. It’s criminal there.

[Anonymous]

Anyone who replied to that email is not smart enough to be a federal worker. Wonder if that was the test?

[Anonymous]

Our branch MAGA is talking this up and encouraging people to take it. Oddly does not seem to be taking it himself. Hmmmm. Our BC had to step in and tell him not appropriate to hound co-workers about this in the workplace.