Showing 4 ideas for tag "early out"

Department of Agriculture

Work Calculation Efficiencies

My position requires an average of 70 to 80 hours of work per week. The government recoups considerably more than the cost of paying my overtime by charging private industries an hourly rate for my essential services, and therefore there is no incentive for the government to be concerned about my life/work balance, safety and health, or inefficiencies of work due to excessively long hours. Allowing early retirement... more »

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Department of Agriculture

tax and penalty free withdrawal of Thrift Savings

Allow tax free and penalty free withdrawal of Thrift Savings Plan retirement savings for retiring employees. The option to withdraw TSP funds tax free and penalty free would allow employees to receive a buy-out without it costing current revenue.

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Legislative Branch

Change the rules for SSA in the case of early outs/buy outs

Early outs and buyouts are tools for managing the size of the federal workforce, but there doesn't appear to be thought given to asking SSA to make provisions for those taking advantage of those programs. It would be actuarially sound for SSA to consider making such provisions, lessening the penalties, as the FERS system becomes the primary retirement system for federal employees.

With the retirement age being raised... more »

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Department of Homeland Security

25 yrs of service, no age penalty4 civil service to retire.

Instead of cutting jobs to reduce the size of gov't and the defecit allow folks who are just waiting to retire due to the age requirement needed with 25yrs to go without penalty. The mass exit of babyboomers that never happend...will. Workforce reduction and attrition are already on the table so this would allow us to see saving sooner and make way for a younger, educated, motivated team to bring new energy and ideas... more »

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