Advertisement

You will be redirected to the page you want to view in  seconds.

GAO offers buyouts, early retirement

Aug. 12, 2011 - 10:48AM   |  
By STEPHEN LOSEY   |   Comments
Comptroller General Gene Dodaro, above, said the cutbacks "will help GAO adjust to our anticipated fiscal year 2012 budget while continuing to support our strategic plan and meet the needs of Congress."
Comptroller General Gene Dodaro, above, said the cutbacks "will help GAO adjust to our anticipated fiscal year 2012 budget while continuing to support our strategic plan and meet the needs of Congress." (Chris Maddaloni / Staff file photo)

The Government Accountability Office wants to offer employees early retirements and buyouts to prepare for anticipated budget cuts in 2012.

Comptroller General Gene Dodaro http://www.militarytimes.com/static/projects/pages/memo_gao_buyouts_081211.pdf">sent a memo to employees on Monday announcing the early retirement and buyout offers, which must take place by Sept. 30. The memo listed 56 positions mostly management-level and other upper-level analysts and criminal investigators in pay bands IIB and III that GAO hopes will accept the buyouts. Those employees will receive lump-sum payments of up to $25,000. The memo did not say how many early retirements it expects.

GAO will also allow three attorneys and 18 support staff to accept buyouts.

Senior Executive Service and other senior-level employees will not be eligible, because GAO said it needs to retain its executive leadership. Communication analysts, Office of Inspector General positions, and lower-level analysts and specialists in bands I and IIA will also be ineligible.

GAO said it has asked the Office of Personnel Management for permission to offer the buyouts and early retirements, and the offers are conditional on OPM's approval. But GAO is already accepting applications, and said the deadline to apply is Sept. 6.

In the memo, Dodaro said the cutbacks "will help GAO adjust to our anticipated fiscal year 2012 budget while continuing to support our strategic plan and meet the needs of Congress."

Earlier this week, the Education Department announced its own plans for a second round of buyouts and early outs, which it hopes will encourage 340 employees to separate.

Several other agencies, such as the Nuclear Regulatory Commission, Government Printing Office and Agriculture Department, previously announced plans to offer buyouts and early outs to deal with flat or slashed budgets.

More In Pay & Benefits