OPM to Review Early Retirement

August 21, 1996


OPM to Review Early Retirement

For agencies with severe downsizing or major restructuring plans in Fiscal Year 1997, the Office of Personnel Management may have alleviated headaches for some employees facing displacement. OPM announced yesterday that it is now considering voluntary early retirement requests from agencies with such plans.

"The early retirement authority is an important management tool we can give agencies who are facing budget reduction, reductions in force, reorganizations, transfers of functions and shifts in staffing needs," said Jim King, director of OPM in a press release. "The authority has been helpful in avoiding the disruptive, inhumane and demoralizing reductions-in-force or demotions agencies face when they must downsize or restructure their workforce."

Agencies may request early retirement authority for an entire fiscal year, and may determine coverage by organizational components, job series, grade level, or other basis.

Agencies who receive the authorization from OPM, early retirements may be offered to employees who:

  • have completed at least 20 years of creditable service and are at least 50 years of age; or completed at least 25 years of creditable service regardless of age;
  • have served in a position covered by the Civil Service Retirement System for at least one year out of the two years immediately before retirement (this requirement does not apply to employees covered by the Federal Employees Retirement System);
  • are serving under a non-temporary appointment; and
  • have been on the agency's rolls at lease 30 days before the agency's request to OPM for voluntary early retirement authority, and remained continuously (i.e. without a break in service) on the agency's rolls since that time.
Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
Close [ x ] More from GovExec

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

  • Cyber Risk Report: Cybercrime Trends from 2016

    In our first half 2016 cyber trends report, SurfWatch Labs threat intelligence analysts noted one key theme – the interconnected nature of cybercrime – and the second half of the year saw organizations continuing to struggle with that reality. The number of potential cyber threats, the pool of already compromised information, and the ease of finding increasingly sophisticated cybercriminal tools continued to snowball throughout the year.

  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

  • GBC Issue Brief: The Future of 9-1-1

    A Look Into the Next Generation of Emergency Services

  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

  • eBook: State & Local Cybersecurity

    CenturyLink is committed to helping state and local governments meet their cybersecurity challenges. Towards that end, CenturyLink commissioned a study from the Government Business Council that looked at the perceptions, attitudes and experiences of state and local leaders around the cybersecurity issue. The results were surprising in a number of ways. Learn more about their findings and the ways in which state and local governments can combat cybersecurity threats with this eBook.


When you download a report, your information may be shared with the underwriters of that document.