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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Actual RIFs seem very unlikely to me. Of course no one knows but if they have any brains at all [b]they’ll just rely on attrition. [/b][/quote] This. There will be a hiring freeze, wage freezes, and RTO. This will cause those who are retirement eligible to depart and they won't be backfilled. According to this report from the WH in 2022, 30% of Feds are retirement eligible "within the next 5 years"....so by 2027. https://www.whitehouse.gov/wp-content/uploads/2022/03/ap_7_strengthening_fy2023.pdf They won't even need to do a VERA or VSIP.[/quote] What qualifies someone as retirement eligible?[/quote] They’ve reached MRA.[/quote] What is MRA?[/quote] Minimum retirement age, which depends on when you were born. However, you also need a certain number of years in govt, and there is a penalty if you draw benefits before 62. The Fed workforce leans older because government mostly hires people with advanced degrees and prior work experience. There are relatively few hiring opportunities for new grads with no work experience (so that the government doesn't have to pay to train you) and most jobs that don't require degrees have been outsourced to contractors. So there is always a large share that is about to become retirement eligible. [/quote] Thanks for that explanation.[/quote]
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