5 Things Agencies Must Do To Implement Phased Retirement

By Tammy Flanagan

August 14, 2014

Last week, the Office of Personnel Management finally issued regulations implementing a phased retirement option for federal employees. Under the rules, eligible employees will be able to draw half of their retirement annuities while working half time at federal agencies. Employees will be able to begin submitting applications for phased retirement on Nov. 6.

So what has to happen between now and then? OPM has put the ball in the court of individual agencies to provide specific direction on how they will implement the option. This will be the key to the success of this program.

Agencies have a lot of work ahead of them. In their written plans for implementing phased retirement, they must do the following:

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By Tammy Flanagan

August 14, 2014

http://www.govexec.com/pay-benefits/2014/08/5-things-agencies-must-do-implement-phased-retirement/91472/