Early Retirement -- FederalSoup.com

Lawmaker wants increased oversight of early out, buyout programs

After some agencies have failed to properly implement separation incentives as part of an effort to reduce their workforces, one Republican lawmaker is asking that the Office of Personnel Management strengthen its oversight of the programs. View More
Senate measure would tie official time with retirement benefits

The Senate is considering two measures that aim to address “official time,” and put restrictions on some federal employee’s retirement benefits. View More
Ineligible EPA workers receive buyouts

While the Environmental Protection Agency successfully reduced its workforce as instructed, it also highlighted the agency’s “weak” management system, failed to produce other restructuring goals, and led to misuse of authority, according to an Office of Inspector General report. View More

If I leave federal service before becoming eligible to retire, can I keep my Federal Employees Health Benefits program insurance?Apr 06, 2014

You could you continue FEHB coverage for up to 18 months after your separation under temporary continuation of coverage. It provides the same level of health benefits coverage and covers the same family members as were covered under your plan while employed. View More
If I leave federal service before becoming eligible to retire, can I keep insurance other than health insurance?Apr 06, 2014

Coverage under the Federal Employees Dental and Vision Insurance Program would end. (Note: If you retire on a Minimum Retirement Age+10 annuity under the Federal Employees Retirement System and elect to postpone receipt of the annuity, you would lose FEDVIP coverage upon separation from service but could enroll in FEDVIP within 60 days of when you start receiving the annuity.) View More
If I leave federal service before becoming eligible to retire, can get back the money I paid into the retirement system?Apr 06, 2014

Yes, but this may be your best choice only if you have fewer than five years of service time creditable toward a federal annuity and do not expect to return to government employment in the future. View More
Can I take early retirement if I otherwise would be RIF’d?Apr 06, 2014