Federal Retirement Thrift Investment Board

Federal Retiree Incentives

Reduce payroll funding levels by offering buyout opportunities to those ready and qualify to retire. Cut costs of FTE salaries for retirement-aged employees under Civil Service Retiremtent System, (CSRS) by offering creative buyout opportunities that make since. Example - The millions of dollars in static retirement allotment holdings in this program could be converted or rolled over to managed investment funds for this group having potential growth like those offered in the newer Federal Thrift Savings Plan (TSP) program.

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Idea No. 1628