GSA offers select employees buyouts, early retirement

By Eric Katz

July 3, 2012

The General Services Administration has offered 1,200 employees buyouts and early retirement packages, according to The Washington Post.


This round of buyouts comes as a follow-up to incentives that GSA offered 652 employees earlier this year. Only 85 workers accepted, however, a GSA spokesman told Government Executive in June.

There will be a third round of buyouts and early retirement incentives offered later in the year, according to an email the Post acquired. While the email did not specify who received offers, the GSA spokesman said five offices within the agency were eligible in the first phase, including the Office of Governmentwide Policy and the Office of the Chief Financial Officer.

“These offerings are strictly voluntary, represent a win-win for eligible employees thinking about retiring or leaving federal service, and help GSA meet our long-term strategic goals,” the spokesman said in June.

Current eligible employees will have until July 20 to accept the proposal.


By Eric Katz

July 3, 2012

http://www.govexec.com/pay-benefits/2012/07/gsa-offers-select-employees-buyouts-early-retirement/56611/