Tightening Eligibility Standards Could Cut Involuntary Retirement Costs by Millions of Dollars.
Abstract
OPM needs to tighten the eligibility criteria for early retirements to avoid unwarranted separations and reduce costs. Hundreds of unwarranted involuntary retirements are occurring because current OPM policy permits employees to decline reasonable offers of other positions and retire early. The involuntary retirement program needs to be restructured to prohibit early retirements when an agency extends to the employee whose position is to be abolished a reasonable offer of another position. Restructuring the program would serve a twofold purpose by (1) retaining experienced employees who are retiring prematurely, and (2) reducing outlays from the civil service retirement fund. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 25, 1981
- Accession Number
- ADA106842
Entities
Organizations
- United States Government Accountability Office