The Federal Retirement Offer
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- Опубликовано: 7 фев 2025
- Huge week for federal employees, most of which got a deferred retirement offer. But can you trust the offer? Should you take the offer? Interesting times for FERS employees and I would recommend checking your retirement readiness!
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Not Retirement. This is a Resignation. Misstittled.
Ya, it's not a retirement. it's a deferred resignation.
Never take the 1st offer
Do you believe that the administration will follow through on their commitment after the employee retires?
Eff no.
Who said this was a retirement offer? NO ONE!!!!!
@@RetirementbyDesign26 yes, I do
Trump hasn't paid his campaign bills from 2020.
@@Legendary_UA- but some people will resign who were going to retire in a few months anyway.
You raised some really good questions that never crossed my mind. 😊 Thanks for helping me think about this offer. 👍🏼👍🏼
Its a deferred resignation program...the only thing promised is that you are not subject to the "return to office' mandate...not that you don't have to work.
Wrong.
This is the problem with social media. Lots of opinions without any back up. Also misusing retirement vs a resignation.
Planning for retirement might seem far off, especially if you're young or focused on immediate financial goals. However, starting your retirement investing as early as possible is one of the smartest financial decisions you can make.
7 months? Traditionally, the government offers a two year buyout, not seven months. And there is a good reason for this. Most won't waste their time on seven months, and i don't blame them. If you want real movement, offer the traditional 2 year buyout. Federal pensions are small, FERS pensions are anyway. At least they could make it worth the cut by offering two years.
I've never heard of a two year buy out in the federal government. It must be a rare occurrence. The best offer I've heard is VERA w/ a 40K VSIP.
Last year, my Department offered VERA VSIP buyouts to some agencies, those who applied and were accepted , the retirement started at start of 2025.
I have 25 plus years and the max vera payment I have seen is 25k if memory serves. Another time was 10K. I have never seen a two year buyout.
Thank you for sharing your calm perspective on the topic. I've watched some videos in which there was too much speculation with a lot of hysteria in the comment threads.
My question is do we get our medical benefits during this resignation time? It is not clearly stated.
Yes, that is one of the FAQs on the OPM website
@ okay I will recheck. Thanks.
I don’t see anything about medical. Only annual leave , sick leave and payout when you reach your final resignation date? Trying to cover my bases!
@ they did discuss it on OPM. Said u will retain FEHB during the 8 months
Yes you do
It only makes sense if you are eligible for retirement. Period ! Full disclosure I took a VERA/VSIP in 2022 at age 55 and it was the best decision of my life. Now living in south Florida on summer vacation for the rest of my life 🇺🇸👍🥇💯🏆✅
Question I have, if you retire, and eligible, do you get the Supplement?
I don’t see anything that says u wouldn’t get it.
If the VEAP is permitted and you qualify, I believe the answer will be yes, just lie anyone one else. BUT, make sure you get it in writing from your Agency. Don't accept a verbal.
Ask yourself - if a known liar, cheater and con man made you an offer, would you accept it?
Are you referring to Joe and Kamala?
@@callicordova4066 hmm, is there a politician that hasn’t lied before?
People that trust Trump always lose.
NOOOOOOPE!
Hello no.
I get my 20 years on February 18? Is that a risk to my 10% bonus?
Shouldn’t be
@@ajdejong1961 Look up some videos on federal employee pension plan benefits. From what I saw this morning when I was looking for more information on this, you give up a lot by retiring before 62. I'm trying to hold out until then unless they offer a 2 year severance pay to retire early. Fingers crossed that they will offer that deal next.
@@createdbycathyI’m already over 62, just need my 20 years.
I would take it near retirement or eligible, or in a agency expecting cuts
If you think it's a bad deal, then don't take it. But I can promise you, the federal workforce is getting downsized.
Downsizing via the natural course of attrition-not by fear of mass firing and job cuts 😊
Many should take this offer
DoD workers got it also. I'm a civilian DoD employee working for a National Guard unit. My supervision came in that morning and said "You still here?" LOL. I am eligible for voluntary retirement at the end of July. I told them they are stuck with me until I turn 62 at the earliest. It was all in fun:)
I too want to stick it out a few more years until I turn 62.
SAME HERE I'LL BE THE BIG 62 TO IN MAY AND THEN I'LL PUT IN FOR MY RETIREMENT IN SEPT, AND SSB" IN JUNE THIS YR TO STARTING GETTING IT IN OCT. IT TIME TO STOP THE FULL TIME WORKING THING.
I don't trust his offer. It is up your manager if you go on admin leave not OPM. My boss has been trying to hire people in our team for over a year and he can't get anyone to take his offers. My agency told me they have no paperwork to document the HR OPM offer. I am planning on retiring when I am 60 with 24 years of service in December 2025. I am supposed to simply respond to an email that reference 9/30/25 with word "resign" and I supposed to trust my 12/27/25 retirement date is guaranteed?
Dude it’s OPM offering literal “Deferred Resignation” NOT Retirement-video title is incorrect
Hi there! Thanks for making this video.
I’m VA! Latino.. Disabled Veteran… on probation period. Yeah, im not staying to get canned. I resign. Pay me
There are plenty that are going to be fired. This is a better way out if you think you are on the chopping block.
@ nope. Resigned they pay me
You are a veteran, you are protected more than the average worker in the Government.
@@MrNodeeenot if he is still in his probationary period. He is an at will employee during his probationary period, and can be terminated for any reason without explanation as long as the reason doesn’t violate the law.
Did you get a check yet???
They may get riffed if they dont take it , that would be my concern
Yes, DoD civs got the message and is eligible.
Before moving forward, think of all the lives that have been ruined by Donald Trump. And don't fool yourself.
Kamala? Lol 😂
TDS
Hillary have you been drinking again?
It's Trump. What can possibly go wrong? 🙄
Nothing
My union said it is not legal and administrative leave only gives 10 days in OPM not 8 months. Congress has to have money to pay for these resignations people. ❤ I rather work and file properly file for retired the end of the year because this offer is fishy and not enough information to base on.
I would definitely try to get some more clarification. It would be a shame not to take it if you're retiring soon anyway. You could be relaxing for 8 months and getting paid. Eight months of your life you can't get back if you're working. Just a thought...
@kristinab1078 Hi, Thank you so much. You have made a lot of sense. I am stressed with this job more duties and responsibilities and learning new things. I am 58 years old with a lot of health issues with chronic lower back pain. I am going to do it tomorrow talked with the agency HR and put in my retirement. Do I put Sept. 30 my retired date last day of the deferred resignation?❤🎉❤
@@Lillylim1 Hello, You have a few days in which to get more clarifications from HR and other sources to decide if this may be the right decision for your situation. I would want to know if they count the 8 months toward my time worked. Sorry, I don't know about what date to use in the paperwork. I'm just someone on the internet trying to get answers too. 🙂 I have read comments from a few people saying they were planning on retiring in the next few months anyway, so they were taking the offer.
If you have MRA+30, my understanding is that you are eligible to get immediate benefits (pension plus FEHB). If you have MRA+20, you will need to consider how you will cover your health insurance until age 60 when your health benefits will kick in. I'm at MRA+20, so I'm hoping for a VERA/VSIP offer this year, so I will be able to get all my benefits right away rather then wait until 60.
I hope you get all the answers needed to make the best decision both for your financial future and health. 💟
@@Lillylim1 Hello, You have a few days to get more clarification from HR and other sources before making a decision based on your situation. I'm sorry, I'm not sure what date you would use on the paperwork. I'm just someone who is trying to get some answers too. 🙂 I have read a few some comments in which people have said they were planning on retiring anyway, so they are taking the offer.
If you have MRA+30, my understanding is that you should get your immediate benefits (pension+health benefits). I only have my MRA+20, so I would need to wait until 60 to get benefits. I don't want to have to find insurance to cover me temporarily, so I am hoping for a VERA and VSIP this year or next year, so I can get benefits right away. This is not a VERA.
I hope you get all the answers you need to make the best decision for you financial future and health. 💜
@kristinab1078 I finished putting in my application and it will take 72 hours for OPM to reply. There will be a lot of people I don't want to be late. Thanks to this video he persuaded me and you as well so I guess oh well. My retirement date will be December 31, 2025.😀🥰
What if ??? A RIF comes next. 😮 tread carefully in these choppy waters 😳
RIFs are expensive and you have rights.
@ Not really, no union. Do you really have rights if the government decides you’re replaceable or irrelevant? Honest question? I worked for the federal government for 34 years. Age 21-retired in 2022 at age 55 VERA/VSIP. I can tell you that many many many jobs could be eliminated and the world won’t stop spinning. Just say’n 🧐😉🤫
@@gregthomas2448 Most agencies are significantly understaffed and barely making as is. Many of these agencies are at literally 1970s employment level. Go walk into an IRS office or Social Security office. DoD has well over 50% of Federal workforce and they won't be touching them nearly as much. A couple of years ago, IRS didn't have the staffing to open mail or answer the phone. Social Security and Veterans affairs are facing the same crisis right now.
Like when a stranger pulls up in a van to a group of kiddies; opens the door and offers some candy if the kiddies will get into the dark van and go for a ride.
DoD got it too.
By Sept 30th I will be 69. I will have 20 years May 2nd. Last email says I can retire effective 30 Sept as well. Hmmmmm
What about emloyees 3 years working fed?
Don't do it. I don't trust them.
If your woke employee / retire. Probably get fired if they stay, and not able to change.
If you are fully remote and moved to Fla or Texas for cheaper housing, then you have no choice but to take the Fork offer if you can’t get your butt back into the office by 2/24/25! Trump thinks y’all ain’t doing any work at home !
@@mandimatera9312 if you are fully remote and moved to Florida or Texas for cheaper housing, your locality pay was reduced anyway. Also, remote work agreements are specific to location. A remote worker doesn’t have the freedom to move to another locality without a new remote worker agreement.
It's not a resignation offer... people don't like to read...
NO!
I think it would be hilarious if the Trumper fed workers accept the offer and get nothing! 😂😂😂
Too many yeses!!!
On the flip side, what would be unfortunate is if employees who are in the right scenario to take the offer decide not to because they think it's a sham...only to realize, it was in fact, a legitimate offer. Working an extra 8 months of their lives that they could have been enjoying their retirement and getting their salary.
I heard even if you take the deal they cannot guarantee that you will even get paid!!!
Lol where?
Most govt employees dont have the guts or experience to work in private industry
As your comment proves, most people who complain about Government employees work ethic are ignorant and watch Alex Jones. Did you know the Government is the biggest employer of Veterans?
@@sheilamurphy281 you don’t know a thing about it.
A great number of Federal workers are military veterans- some like myself combat veterans. It takes guts to fight and die for the right of others.
We see the result of Twitter … it got 100% more efficient and better
Maybe. But not for the workers I work there.
@@ThedrcatwomanYou mean unworkers who used to collect a check?
What do you base that on? Tell us how Twitter got more "efficient and better"? The truth if you get outside of Fox News was Twitter was it was losing money and Musk had to make a lot of changes to keep the business a going concern. There were also changes made out of retribution and not "business". Regardless, comparing Government to a business is naïve. If Twitter fails/messes up, no big deal a tweet doesn't go out. If Government fails, the matter becomes much more serious.
@ Its a cult now.
I am a full-time federal employee for about 4 months now, but I still do not have a work or government email address. The Presidential memo was sent to me last week at my personal email afdress. It states that to accept the offer I must type Reply and resign from my work email address. My employer, the Department of Interior just told me on Friday that I won't be issued a work email address for several more weeks. They referred me to the opm.gov website for answers to my problem. But the opm.gov website does not address my situation. Does this mean that I am disqualified from accepting the offer and cannot resign before February 7th? Thank you.