Q&A for federal workers: Bigger buyouts may be on the way

Question: Whatever happened to the idea of $40,000 buyouts? Answer: When they are cutting jobs or reorganizing, agencies may offer buyouts (“voluntary separation incentive payments”) to reduce or avoid the need for layoffs. Buyout takers must quit, or retire if eligible, and may not return to the government within five years unless they repay the money. […]Read More

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