What is the Value of a Phased Retirement?
The Benefits of a Phased Retirement Plan
...Read MoreThe Benefits of a Phased Retirement Plan
...Read MoreSince its introduction about seven years ago, phased retirement is still uncharted waters for most Federal employees, especially when you compare it to other systems that have been around for longer periods. To reduce the mystery surrounding this great system, here are details about phased retir…
...Read MoreSome data revealed by OPM has exposed the fact that only a fraction of federal employees has opted for phased retirement till August 15, 2016.
...Read MoreThe Defense Department has allowed phased retirement to its civilian employees. It is believed that the other government agencies will follow suit.
...Read MoreWe all know that the Moving Ahead for Progress program authorized the phased retirement program but are the federal employees of the US eligible to apply for it and eventually enjoy its benefits? In 2014, the office of personnel management released a comprehensive report that comprised of the final rules related to the program that
...Read MoreTHE VERDICT IS STILL OUT ON PHASED RETIREMENT I have kept an open ear about the life and death of Phased Retirement. I don’t think all of its provisions are fully understood, at least not yet. There are still some cracks and crevices to be filled by the Office of Personnel Management (OPM). Employees have voiced
...Read MoreHUD first to Offer Phased Retirement for Federal Employees The Housing and Urban Development (HUD) announced plans to roll out a phased retirement plan that would allow federal employees to partially retire and still work part-time. Congress passed a law in 2012 that would allow federal agencies to manage their workforce with different retirement options.
...Read MoreHousing and Urban Development first to Offer Phased Retirement for Federal Employees The first major agency announced plans to roll out a phased retirement plan that would allow federal employees to partially retire and still work part-time. Congress passed a law in 2012 that would allow federal agencies to manage their workforce with different
...Read MoreFederal employees who qualify and are approved by their agencies may begin submitting applications to participate in Phase Retirement in November. Who actually can participate in Phased Retirement is really agency driven. It might be another few months before there is enough data available to gauge interest in the program. Many HR professionals in the
...Read MoreThe answer is no. If a Federal worker has retired and decides to rejoin the Federal service, that individual can do so as a reemployed annuitant. The Phased Retirement program is geared towards individuals eligible to retire having met all of the age and service related requirements but have not yet left the service. Individuals
...Read MoreAlthough the Office of Personnel Management is still issuing rulings regarding the policy regulations of Phased Retirement, applications can be submitted in November all things being equal. Many of the policy guidelines that have already been issued by OPM regarding Phased Retirement do not encompass many of the procedures agencies will be held accountable for. OPM
...Read MoreOnly those individuals eligible for regular voluntary retirement can participate in the program having the requisite age and service requirements. The age and length of service requirements differ between CSRS and FERS.
...Read MoreJust when I thought we had it all worked out and knew the reasoning behind Phased a Federal worker added a new twist to the subject. Having informal forums to tap into the pulse of the people that really matter is priceless. Although I have been at the level of executive leadership for more years than
...Read MoreThe Office of Personnel Management is tasked with handling all human resource and human capital issues for the United States Government, all other matters fall within the respective agencies.
...Read MoreThe Federal Government realized that the passing on of institutional knowledge is a huge, irreplaceable component of any sound succession management plan.
...Read MorePhased Retirement is a human resources tool that allows employees to continue working on a part-time basis while receiving a part-time retirement annuity.
...Read MoreEmployees participating in the phased retirement program will have a larger federal annuity than had they retired prior to transitioning into the phased retirement program
...Read MoreOPM Director Katherine Archuleta has given agencies permission to send their applications in for Phased Retirement as early as November 6, 2014.
...Read MorePhased Retirement is a passing on, as a matter of course, the necessary information to keep the business going.
...Read MoreThe Office of Personnel Management (OPM) is pushing hard to implement the new Phased Retirement program.
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