An early out, buyout or reduction in force (RIF) may be in your future under the Trump Administration’s plans for the federal workforce. Here is an overview on how these workforce shaping tools work.
Among the first formal actions of the Trump presidency was to order a general hiring freeze, as promised. What had not been explicitly promised, but was signaled, was that the freeze would be just a first step of a wider plan to downsize the government, something not done since the Clinton administration.
Solid facts about your pay system, retirement, life insurance, health insurance, survivor benefits, flexible spending account options, overtime pay, recruiting, retention and relocation incentives, annual leave and sick leave policies, holidays, long-term care insurance, the government’s own 401k-styled Thrift Savings Plan program (including loans), job protections and appeals, and how procedures can help you when your agency is downsizing.
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Avoid critical TSP mistakes such as failing to understand withdraw options and the tax penalties associated with those, letting beneficiary designations lapse, overlooking the annuity option and more. It’s your nest egg after all, and knowing what not to do can be just as important.
The ability to take time off and still be paid for it is one of the best benefits of working for the federal government but are you taking advantage?
This free report summarizes the key points about annual leave, sick leave, excused absence, other paid time off, leave without pay and compensatory time off.
Chances are that as a CSRS employee, you’ve had retirement on your radar screen for a number of years. This special report is designed to help you as your CSRS retirement nears. Retirement is a life-altering decision, yet many employees move into it less prepared than they should be. Make the decision to retire—or to wait to retire—with the kind of solid basis of knowledge that such an important decision merits.
Occasionally, supervisors and managers find trouble – sometimes big trouble that defies simple solutions. A very few get fired. But most who wander into the path of a disciplinary bus just wind up involved in months, and sometimes years, of bitter personnel battles. You can skirt these problems easily by avoiding a dozen “deadly sins” such as being impartial (or just appearing to be), and sloppy record keeping.
Letting chance chart your course by not taking advantage of a pre-‐retirement seminar; Being sucker-‐punched by a little-‐known rule that leaves you without health insurance; Failing to consider the effect of withdrawing your retirement contributions at separation before reaching retirement eligibility; and many other pitfalls – you’ll want to read this one.