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Department of the Interior

Workforce Reduction Buyout

Offer one-half year salary to get federal workers off the payrolls three to five years early (or now in the case of retirement elibable workers). In my case, the return on investment would be incredible. Cost = $77K. Net savings each year I don't work = 0 in yr 1; 60K in yr 2; 60K in yr 3; 60K in yr 4; 60K in yr 5. Total net salary savings = $240 K for one GS 15 employee. Savings will be less for other employees, but net savings may be hundreds of millions of dollars over 5 years -- and smaller government.

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Idea No. 9174