Increasing Maximum Buyout Payments for Federal Employees Voluntarily Leaving Service.
This legislation changes the rules for voluntary separation payments (buyouts) offered to federal government employees. The maximum amount an agency can offer an employee to voluntarily leave their job is increased to up to six months of their salary. This provides federal agencies with a stronger tool for workforce restructuring and management.
Key points
Increases the maximum voluntary separation incentive payment (buyout) for federal employees.
The new payment limit is set at a maximum of six months of the employee's pay.
This change applies only to federal government employees participating in voluntary separation programs.
Status:
Introduced
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