Although the number of federal workers enrolled in the government’s phased retirement program remains minuscule, analysts say it could be a valuable tool for agencies to preserve institutional knowledge and plan for the future.
As of Tuesday, 259 federal employees had applied for phased retirement, according to the Office of Personnel Management. This represents a significant increase over the 90 feds who had applied as of August 2016. An additional 82 people have applied for the program and are now retired.
Still, the numbers are below the Congressional Budget Office’s 2012 projections on enrollment, … (For more, click here.)
Has your agency offered phased retirement to its employees? Do you think this program could help your agency accomplish its mission? How?