Fedweek

In a report that effectively signals a future job opportunity, the Federal Acquisition Institute has projected that nearly a third of current employees in acquisition-related positions will be eligible to retire in four years and half will be eligible by 2016. The report echoes general projections of an impending retirement wave of employees meeting the age and years of service requirements, and notes that retirements already are trending up in several acquisition-related career fields—particularly in industrial property management, property disposal, procurement clerical assistance, and industrial specialist. Job vacancies that are occurring already are tending to be filled by workers with substantial experience. Of those hired into the contracting series in 2006, for example, 39 percent came from inside the government with an average age of about 44, while those hired from outside government averaged about 34 years old.