The Deferred Resignation Program for federal employees is back with a version 2.0. Seven Agencies relaunched this program to give federal employees a voluntary choice before RIFs are mandatory. This is more complicated because Agencies are involved instead of OPM.
In this episode we…
• Discuss the legality and the likelihood of keeping promises of the offers.
• Share our insights on the various Deferred Resignation Agreements we have seen.
• Offer Action Items to help you prepare.
Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan.
0:44 Introduction
3:42 Legality and Likelihood of Keeping Promises
9:17 The Big Picture
14:39 Immediate Action Items
Referenced Links
Ask Me Anything: The State of the Federal Workforce and Market Volatility Webinar on April 10th: https://us02web.zoom.us/webinar/register/6317425747775/WN_1ZMlAPBEQQWSMxDnX3L9KA
Sign up for our newsletter to stay in touch: https://lp.constantcontactpages.com/su/xgAKqXR/Keepintouch
OPM Memo on: Guidance on Agency RIF and Reorganization Plans Requested by Implementing The President’s “Department of Government Efficiency” Workforce Optimization Initiative: https://valorwealthpartners.box.com/s/efymc9lzd3i1u9ulh5bqq4di5u7n9i4t
OPM’s Workforce Reshaping Operations Handbook.
https://www.opm.gov/policy-data-oversight/workforce-restructuring/reductions-in-force-rif/workforce_reshaping.pdf
Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP
Federal Benefit Resources:
https://www.opm.gov/
https://www.tsp.gov/
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