Offer a one-time generous "golden handshake" for early retirements, then cut those retired vacancies by 20%. This will force instutional restructuring across federal government.
Eliminate "penalty" for early retirement. Many employees who have the age and years of service to retire, and who have lost interest in their department/agency mission, do not retire until they are old enough to avoid having their retirement annuities reduced. (This actuarial reduction is often referred to as an "early retirement penalty.") Eliminating this penalty, while costing the retirement system more, will ventilate... more »
In fiscal 2011, the FAA budget will be about $16.4 billion.1 Of the total, $9.7 billion will go toward "operations," which includes $7.6 bil ...more » In fiscal 2011, the FAA budget will be about $16.4 billion.1 Of the total, $9.7 billion will go toward "operations," which includes $7.6 billion for air traffic control operations, $1.3 billion for safety regulation and certification, and $0.8 billion for other functions.... more »
This could apply to Federal Civilian Employees accross the board. Offer a lump sum buyout to civilian employees for those positions that are overmanned or under-utilized. Lump sum buyouts and early retirement was used successfully in the 90s. Offer a buyout or early retirement package based on the individual's rank, salary and years of service. In the long run, money will be saved by eliminating excess positions... more »
Once every 3 years have early retirement and get rid of some dead weight who do no more than come to work and gripe..."I've been here for years, they're still not doing it right, they should do this, they should do that, etc. With this eager hard working younger employees can utilize their skills, agility, speed, and more ideas. You will then have a more productive Federal asset with a solid future.