Federal Managers Association
In the News
- FMA’S KLEMENT DISCUSSES UPTICK IN FEDERAL EMPLOYEE RETIREMENTS
- Retirements surge 24% over last yearBy Stephen Losey, Federal TimesThe Office of Personnel Management (OPM) has seen a drastic increase in retirement applications within 2011, and if rates continue as they are currently, under 105,000 federal employees will be applying to retire by the end of the year. This increase of retirement applications is being attributed to the financial burdens of the federal pay freeze, budget-strained agencies offering buyouts, and proposed changes to retirement plans in Congress. This expected decrease in the federal workforce will only add greater pressure to federal agencies who are trying to do more with less. Former Federal Managers Association (FMA) Government Affairs Director Jessica Klement commented, "Congress isn't going to give them the budget to hire people to replace those who are retiring. But agencies can't just stop doing some things, because they're mandated by Congress." To read the full article, please visit: http://www.federaltimes.com/article/20111212/PERSONNEL02/112120301/1049/PERSONNEL.