Buyouts: The Next Round
THE DAILY FED
Buyouts: The Next RoundFederal Times
NASA's request for $50,000 buyouts was rejected by the Senate.
Under the legislation, NASA and HUD will be required to pay 15 percent of employees' basic pay into the Civil Service Retirement and Disability Fund, up from 9 percent during the last government buyout program.
The Agriculture Department and Agency for International Development have also been authorized to offer buyouts. Still pending are buyout recommendations for the IRS, the U.S. Customs Service, and the Bureau of Alcohol, Tobacco and Firearms.
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