More Than 40,000 Govt Workers Take Buyout as Deadline Looms

40,000 took the offer.
3,000,000 federal employees.

That's 1.3% when the target was 10%.

On top of that, I would assume that most of that 1.3% were people that were looking to retire this year anyway so now they get to:
  • Not have to come to work and can defer retirement until September,
  • Continue to be paid,
  • Continue to receive benefits,
  • Continue to receive retirement accrual,
  • Continue to accrue leave that will then have to be paid out as of their delayed termination/retirement date (because why take leave if you are already getting paid to not come to work).
.
.
.
BRILLIANT!!!

WW

It is brilliant -

Thanks for the confirmation.
 
40,000 took the offer.
3,000,000 federal employees.

That's 1.3% when the target was 10%.

On top of that, I would assume that most of that 1.3% were people that were looking to retire this year anyway so now they get to:
  • Not have to come to work and can defer retirement until September,
  • Continue to be paid,
  • Continue to receive benefits,
  • Continue to receive retirement accrual,
  • Continue to accrue leave that will then have to be paid out as of their delayed termination/retirement date (because why take leave if you are already getting paid to not come to work).
.
.
.
BRILLIANT!!!

WW

Not for nothing -

The rest of the 10% will come without the buyout.
 
40,000 took the offer.
3,000,000 federal employees.

That's 1.3% when the target was 10%.

On top of that, I would assume that most of that 1.3% were people that were looking to retire this year anyway so now they get to:
  • Not have to come to work and can defer retirement until September,
  • Continue to be paid,
  • Continue to receive benefits,
  • Continue to receive retirement accrual,
  • Continue to accrue leave that will then have to be paid out as of their delayed termination/retirement date (because why take leave if you are already getting paid to not come to work).
.
.
.
BRILLIANT!!!

WW
So they will have no change in their schedule.
 
More than 40,000 federal employees had accepted the buyout offer as of Wednesday night.
..and those that are still left should keep in mind, the first offer is always the best offer, subsequent offers will not be nearly as generous.
 
The entire plan is to reduce.
Catch on?
These government workers are being extended a kindness not offered to private workers. When WE work for a company that’s unprofitable, we are just laid off.

They’re actually lucky it’s being handled this way.
 
  • Fact
Reactions: Ava
Sure there will be, they won't have to work for 10 months and will still get full pay and benefits.

WW
And after that, we’ve saved the costs of carrying 40,000 redundant workers.
 
  • Fact
Reactions: Ava
Millions of U.S. government workers face a Thursday deadline to tell the Trump administration whether they will accept a buyout offer or remain in their jobs, but still face the possibility of being thrown out of work if they decide to stay.

President Donald Trump's aggressive drive to reduce the size of the government in a matter of weeks is unprecedented. It has caused turmoil in the U.S. capital, and sparked protests and union warnings that it might violate multiple laws.

More than 40,000 federal employees had accepted the buyout offer as of Wednesday night.

I assume most of them are just taking it as a retirement bonus.
 
And after that, we’ve saved the costs of carrying 40,000 redundant workers.

Most are probably retiree's whose position will be filled again.

I just ran a query on our organization and post COVID (last 3 years) we've averaged 1.5% of the workforce has retired each year.

Which is why I say most of the 40,000 that have accepted Trump offer are likely those already retiring this year anyway.

W
 
Millions of U.S. government workers face a Thursday deadline to tell the Trump administration whether they will accept a buyout offer or remain in their jobs, but still face the possibility of being thrown out of work if they decide to stay.

President Donald Trump's aggressive drive to reduce the size of the government in a matter of weeks is unprecedented. It has caused turmoil in the U.S. capital, and sparked protests and union warnings that it might violate multiple laws.

More than 40,000 federal employees had accepted the buyout offer as of Wednesday night.


BJ -

Warp Speed, baby
Warp Speed.

A truly fantastic time to be alive in the USA.
Right let me get this... This deal was to stay at home for 6 months and then leave the service.

2.3 million people work in Federal Government...
40,000 are taking the offer

So that is 1.74%...

The average civilian federal employee who retired in FY2022 was 62.3 years old and had completed 25.1 years of federal service.

So the turnover of staff is 4% per year...

So 2% are retiring in the 6 months...

So 1 in every 8 retiring in the next 6 months decicded not to take this offer of free money for doing nothing.
 
Most are probably retiree's whose position will be filled again.

I just ran a query on our organization and post COVID (last 3 years) we've averaged 1.5% of the workforce has retired each year.

Which is why I say most of the 40,000 that have accepted Trump offer are likely those already retiring this year anyway.

W
I know Government workers in their late 60s who are still “working” - and have admitted to me that they’d like to retire, but they keep on working since they don’t have to go into the office, have half the workday to do their own personal things, and just make so much money for so little effort - so they hang on.

What is likely is that the 40,000 “workers” are of retirement age but were planning to hang on for another five years or so since the money is so good and so little is required of them. But now that they will be forced to…..shudder…..go to the office and…..shudder…..work a full day, they’re taking the offer.

This is a big savings to us. We won’t have to pay people at the Step 10
level, and can replace them - if it’s needed at all - with people earning 20% less. And that’s the most costly scenario. The likelihood is that only half will need to be replaced.
 
Right let me get this... This deal was to stay at home for 6 months and then leave the service.

2.3 million people work in Federal Government...
40,000 are taking the offer

So that is 1.74%...

The average civilian federal employee who retired in FY2022 was 62.3 years old and had completed 25.1 years of federal service.

So the turnover of staff is 4% per year...

So 2% are retiring in the 6 months...

So 1 in every 8 retiring in the next 6 months decicded not to take this offer of free money for doing nothing.
Many were already getting free money for doing nothing, now they have an end date.
 
Millions of U.S. government workers face a Thursday deadline to tell the Trump administration whether they will accept a buyout offer or remain in their jobs, but still face the possibility of being thrown out of work if they decide to stay.

President Donald Trump's aggressive drive to reduce the size of the government in a matter of weeks is unprecedented. It has caused turmoil in the U.S. capital, and sparked protests and union warnings that it might violate multiple laws.

More than 40,000 federal employees had accepted the buyout offer as of Wednesday night.


BJ -

Warp Speed, baby
Warp Speed.

A truly fantastic time to be alive in the USA.
What’s the deal? A Newsmax article isn’t a reliable cite.
 
How much is it going to cost the American taxpayer to install Trump loyalists with no experience in those positions?

Buyouts ain’t free ya know
I bet those positions are not going to be replaced. Saving tax payers millions!
 
Maybe we should just cut every government worker’s salary by 5%. We’d save a bundle right there.

(I know when I was laid off from a company that couldn’t turn a profit, I would have been grateful for that offer. As it stood, I was out with two weeks’ severance pay. That’s how it works in the real world. I lived, and got another job.)
 
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