OPM finally finishes ‘phased retirement’ rules for federal workers
The Office of Personnel Management on Thursday released the final rules for a much-anticipated “phased retirement” program for federal workers, saying agencies can begin processing applications in November. The move comes more than two years after Congress passed a law approving the option, which allows federal employees to work part-time while collecting half of their annuity rate after reaching retirement eligibility. Participants will have to spend at least 20 percent of their time mentoring younger employees, particularly those who will take over their former roles…Read More
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