Report: Federal buyout figures come up short as deadline nears

(The Center Square) – More than 40,000 federal employees plan to take the U.S. government up on a deferred resignation offer sent out last week – an early indication that the effort to trim the federal bureaucracy through voluntary measures could fall short of expectations.

Last week, the White House gave federal workers a choice: return to the office or leave with eight months of pay. The The Office of Personnel Management told federal workers that they have until midnight Feb. 6 to decide to stay or go. If they step down, they will continue getting all pay and benefits and be exempt from in-person work requirements until Sept. 30.

OPM officials said the number of federal workers who have accepted the resignation offer was more than 40,000, according to a Wall Street Journal report. The Trump administration is expecting numbers to rapidly increase in the final day before the deadline, the Journal reported.

The federal deferred resignation offer, which is similar to a buyout, went out to more than 2 million federal employees, although not all employees were eligible to accept the offer, including some Internal Revenue Service employees as tax season approaches.

White House officials estimated that the in-office requirement will prompt 5% to 10% of federal employees to exit. The administration estimated it could lead to $100 billion in yearly savings, but did not provide information about how it reached that estimate.

- Advertisement -

The U.S. government employs about 2.4 million federal workers, excluding the military (about 1.3 million active-duty military personnel) and U.S. Postal Service (about 600,000 employees), according to 2024 Pew Research report. That report noted that the federal government employed 1.87% of the entire civilian workforce. That percentage includes postal employees, according to Bureau of Labor Statistics data.

The Trump administration said that even government employees who stay on could still eventually lose their jobs as the president reshapes the federal government and its workforce.

A document that went out with the email noted: “the federal workforce is expected to undergo significant near-term changes.”

The federal email also noted that “the majority of federal agencies are likely to be downsized through restructurings, realignments, and reductions in force. These actions are likely to include the use of furloughs and the reclassification to at-will status for a substantial number of federal employees.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Judge Blocks Trump Administration Effort to End Ethiopian TPS

(AURN News) — A federal judge in Boston blocked...

On This Day: Paul Robeson, Icon of Art and Activism, Is Born

(AURN News) — On this day, April 9, 1898,...

Texas Rangers open criminal investigation into Camp Mystic

(The Center Square) – The Texas Rangers have opened...

Ex-Pa. AG fights claims he botched failed elections lawsuits

A prominent Pennsylvania lawyer says his former client’s lawsuit...

Columbus plans $50M in taxpayer funds to lure women’s pro soccer

(The Center Square) – The city of Columbus plans...

New York trial lawyers lobby against auto insurance reforms

(The Center Square) — Legal watchdog groups are accusing...

Mo. group backs amendments to cut income tax, expand fiscal limits

Freedom Principle MO is publicly supporting a set of...

GOP bill restricting transgender athletes blocked in Minnesota House

(The Center Square) – Minnesota House Republicans were unable...

More like this
Related

Judge Blocks Trump Administration Effort to End Ethiopian TPS

(AURN News) — A federal judge in Boston blocked...

On This Day: Paul Robeson, Icon of Art and Activism, Is Born

(AURN News) — On this day, April 9, 1898,...

Texas Rangers open criminal investigation into Camp Mystic

(The Center Square) – The Texas Rangers have opened...

Ex-Pa. AG fights claims he botched failed elections lawsuits

A prominent Pennsylvania lawyer says his former client’s lawsuit...