Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
How can you work once you resign?
It's you resigning but agreeing to work until September and make your regular salary, except without going to the office. You can leave earlier than September, but not later. That's it. It's just for people who really hate going to the office and have an empty office available to go to.
No that is not what it says. You will be placed on admin leave until the end of September.
It absolutely doesn't say you will be placed on admin leave. It says you may. The fact that so many people on this thread can't accurately read the email is making me think Trump is a little bit right about the quality of the federal workforce. (And I am a federal worker.)
Anonymous wrote:I would love to see any journalist push back on that BS 6% number.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Do not take the buy out they will never pay!
I am not wrong,
It's not a buy out. I'm not sure why people are so confused.
Probably because the articles are calling it a buyout/severance, the email implies you have to work but not in the office, and the memo that just dropped says admin leave.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Do not take the buy out they will never pay!
I am not wrong,
It's not a buy out. I'm not sure why people are so confused.
Probably because the articles are calling it a buyout/severance, the email implies you have to work but not in the office, and the memo that just dropped says admin leave.
Anonymous wrote:Anonymous wrote:Do not take the buy out they will never pay!
I am not wrong,
It's not a buy out. I'm not sure why people are so confused.
Anonymous wrote:it's a trap.
None of you are getting any money for resigning.
Tell me where the money would come from.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
How can you work once you resign?
It's you resigning but agreeing to work until September and make your regular salary, except without going to the office. You can leave earlier than September, but not later. That's it. It's just for people who really hate going to the office and have an empty office available to go to.
No that is not what it says. You will be placed on admin leave until the end of September.
Anonymous wrote:Anonymous wrote:Do not take the buy out they will never pay!
I am not wrong,
It's not a buy out. I'm not sure why people are so confused.
Anonymous wrote:Do not take the buy out they will never pay!
I am not wrong,
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
How can you work once you resign?
It's you resigning but agreeing to work until September and make your regular salary, except without going to the office. You can leave earlier than September, but not later. That's it. It's just for people who really hate going to the office and have an empty office available to go to.
No that is not what it says. You will be placed on admin leave until the end of September.
Anonymous wrote:Anonymous wrote:Wouldn't the normal severance package be much better for long-term employees anyway?
One week of pay for the first ten years, two weeks for each year after that. Times 2.5% for every three months over the age of 40.
I did my RIF calculations last night, and the RIF is much more attractive for me than this offer. I've been a fed for 26 years, and I am 47, so I would get 42 weeks, which works out to 10.5 months.
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?
Anonymous wrote: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.