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April 20, 2024

Federal Employee Retirement and Benefits News

Search Results for: phased retirement

Can federal employees get phased retirement

We 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

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THE VERDICT IS STILL OUT ON PHASED RETIREMENT by Dianna Tafazoli

THE 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

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HUD first to Offer Phased Retirement for Federal Employees

HUD 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.

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HUD to Offer Phased Retirement to Federal Employees

Housing 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

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WHAT ABOUT PHASED RETIREMENT

Federal 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

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CAN A RETIREE REJOIN THE WORKFORCE IN PHASED RETIREMENT

The 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

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WHEN CAN I SUBMIT MY APPLICATION FOR PHASED RETIREMENT

Although 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

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NEWSLETTER WEEKLY-A NEW TWIST ON PHASED RETIREMENT

Just 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

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The Phased Retirement Annuity

Employees participating in the phased retirement program will have a larger federal annuity than had they retired prior to transitioning into the phased retirement program

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