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:

  • Sponsored by Brocade

    Best of 2016 Federal Forum eBook

    Earlier this summer, Federal and tech industry leaders convened to talk security, machine learning, network modernization, DevOps, and much more at the 2016 Federal Forum. This eBook includes a useful summary highlighting the best content shared at the 2016 Federal Forum to help agencies modernize their network infrastructure.

  • Sponsored by CDW-G

    GBC Flash Poll Series: Merger & Acquisitions

    Download this GBC Flash Poll to learn more about federal perspectives on the impact of industry consolidation.

  • Sponsored by One Identity

    One Nation Under Guard: Securing User Identities Across State and Local Government

    In 2016, the government can expect even more sophisticated threats on the horizon, making it all the more imperative that agencies enforce proper identity and access management (IAM) practices. In order to better measure the current state of IAM at the state and local level, Government Business Council (GBC) conducted an in-depth research study of state and local employees.

  • Sponsored by Aquilent

    The Next Federal Evolution of Cloud

    This GBC report explains the evolution of cloud computing in federal government, and provides an outlook for the future of the cloud in government IT.

  • Sponsored by Aquilent

    A DevOps Roadmap for the Federal Government

    This GBC Report discusses how DevOps is steadily gaining traction among some of government's leading IT developers and agencies.

  • Sponsored by LTC Partners, administrators of the Federal Long Term Care Insurance Program

    Approaching the Brink of Federal Retirement

    Approximately 10,000 baby boomers are reaching retirement age per day, and a growing number of federal employees are preparing themselves for the next chapter of their lives. Learn how to tackle the challenges that today's workforce faces in laying the groundwork for a smooth and secure retirement.

  • Sponsored by Hewlett Packard Enterprise

    Cyber Defense 101: Arming the Next Generation of Government Employees

    Read this issue brief to learn about the sector's most potent challenges in the new cyber landscape and how government organizations are building a robust, threat-aware infrastructure

  • Sponsored by Aquilent

    GBC Issue Brief: Cultivating Digital Services in the Federal Landscape

    Read this GBC issue brief to learn more about the current state of digital services in the government, and how key players are pushing enhancements towards a user-centric approach.

  • Sponsored by CDW-G

    Joint Enterprise Licensing Agreements

    Read this eBook to learn how defense agencies can achieve savings and efficiencies with an Enterprise Software Agreement.

  • Sponsored by Cloudera

    Government Forum Content Library

    Get all the essential resources needed for effective technology strategies in the federal landscape.


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