Buyout Watch: Air Force and TSA Join the List

Vorobyeva/Shutterstock.com

After a brief lull, more federal agencies are starting to offer buyouts or early retirements again as a means of cutting costs. Activity is likely to pick up even more as the temporary reprieve from sequestration draws to a close. We will once again keep a running list of the agencies that plan to offer separation incentives. Please let us know if there are any we missed, using the comments section below.

  • Air Force: Is offering early retirement and buyouts to civilians, with the goal of reducing its workforce by nearly 3,500 employees. 
  • Broadcasting Board of Governors: Has offered two rounds of buyouts already this year.
  • Environmental Protection Agency: Offered buyout and early retirement packages in February.
  • Government Printing Office: Seeking authority to offer early outs and buyouts Oct. 1 – Dec. 31, with the goal of convincing about 100 employees to leave.
  • Transportation Security Administration: Is offering early outs to workers who meet age and service criteria. Employees must leave by Dec. 31, 2014. Certain employees, including air marshals, are not eligible. 
  • U.S. Postal Service:  3,000 postmasters have the option to retire early, for $10,000 each. Deadline for accepting offers is Aug. 18.

(Image via Vorobyeva/Shutterstock.com)

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
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.

    Download
  • 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.

    Download
  • 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.

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

    A Look Into the Next Generation of Emergency Services

    Download
  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

    Download
  • 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.

    Download
  • 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.

    Download

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