Navigating the Forced Change in Employment
An Overview of Deferred Resignation for Federal Workers
This guide outlines key factors for federal employees contemplating the option of deferred resignation offered by the Office of Personnel Management (OPM).
Per the Office of Personnel Management (OPM):
Full Salary While on Administrative Leave
“The U.S. Office of Personnel Management (OPM) has introduced a “Deferred Resignation Program.” Federal employees who choose to participate must submit their resignation. Those who accept the offer will remain on administrative leave for a designated time, while still receiving their federal pay.
Many federal workers embraced this opportunity to exit government service and others were offered a RIF. The federal workforce is aging, with fewer younger employees compared to the private sector, meaning a significant portion is either eligible for retirement or approaching retirement age.
Additionally, dissatisfaction with returning to in-office work has been a common concern among federal employees. For those particularly resistant to this transition, the prospect of leaving their job and receiving a salary for roughly eight months makes this offer quite appealing. Fear of losing their job and the financial security it offers has most employees frozen in place, not knowing which way to turn.
If you're a federal employee exploring a RIF or deferred resignation program, it's crucial to make informed decisions about your federal benefits. Contact Ruth Goldstein, a Chartered Federal Employee Benefits Consultant℠, at 678-436-8760 for guidance tailored to your situation. While outcomes can’t be guaranteed, Ruth’s expertise can help you understand your options and plan for the future.
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