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US Agencies Offer Staff new Buyouts Ahead Of Trump's Layoff Deadline
Agencies utilizing lump-sum payments, early retirement program to cut federal employees
March 13 is deadline to submit strategies for massive layoffs
Workers would receive buyout payment of approximately $25,000
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Buyout program less susceptible to legal difficulty
By Alexandra Alper, Tim Reid, Marisa Taylor and Nathan Layne
March 11 (Reuters) - Multiple federal government agencies are turning to early retirement programs to decrease headcount as they scramble to meet President Donald Trump's Thursday due date for them to submit prepare for a second round of mass layoffs.
The Office of Personnel Management, the Social Security Administration, and the Department of Health and Human Services, including its Food and Drug Administration, are among the companies which have actually offered lump-sum payments of up to $25,000 before tax to workers who concur to leave their tasks.
The buyout offers, integrated with another program that alleviates eligibility requirements for early retirement, are being embraced as a lower-friction way to assist satisfy the Thursday due date, personnel experts at numerous federal companies told Reuters.
The Trump administration has actually been grappling with myriad lawsuits after it fired countless probationary employees in a very first wave of mass layoffs and took apart whole departments like USAID, the U.S. humanitarian aid firm, and the Consumer Financial Protection Bureau, which safeguards Americans versus dishonest loan providers.
All U.S. government agencies have actually been ordered to come up with massive layoff plans by Thursday as part of Trump's unprecedented project to overhaul the government. One of his leading advisers, the tech billionaire Elon Musk, is leading that effort with his so-called Department of Government Efficiency.