Tuesday, November 14, 2017

Waiting For Those Buyouts and Bonuses

That New York Times article the other day about State Department to Offer Buyouts in Effort to Cut Staff certainly is getting a lot of attention, especially for one based entirely on what anonymous officials confirmed. So far as I can tell, no one has actually been offered a buyout yet, and those typically are offered early in October, so as to maximize the salary savings to the agency doing the buyout.

And check out the story's last paragraph. Those anonymous officials also confirmed that some classes of State employees will not be urged to retire early, but may be offered incentive bonuses to stay longer.
Some State employees will not be eligible for the buyouts, including many members of the security, information technology, medical and building staffs, areas in which the department is trying to hire more people or is offering offering bonuses for them to stay.

I haven't heard of any offers of retention incentive bonuses, either.

Assuming buyouts are actually offered, how much will they be? Office of Personnel Management rules say they can be up to $25,000:
The Voluntary Separation Incentive Payment Authority, also known as buyout authority, allows agencies that are downsizing or restructuring to offer employees lump-sum payments up to $25,000 as an incentive to voluntarily separate.

Last year, Congress boosted the buyout amount for Defense Department employees to $40,000, good through Sept. 30, 2018. The Trump administration’s budget proposal sought to increase the value of State Department buyouts $40,000 as well, but who knows whether that will happen.

It may mean nothing, but I was tipped to expect a public announcement soon, possible on November 17, about the implementation phase of the Department's reorganization plan.


Anonymous said...

TSB: The best rundown on the Saudi Coup! by Marwa Osman, Lebanese news analyst. The helicopter was shot down by MBS, Hariri was forced to resign against his will because now that he's not a government official he can be tried for corruption by MBS for his bankruptcy in 2013, she explains all the relationships and how he the two guys who tried to escape... one being his own cousin. Why there will be know war on Lebanon and why MBS is libel to end up getting his head chopped off. Great Reporting!! gwb

https://youtu.be/yq_LtbtvefM What Is Happening In Saudi Arabia? - Marwa Osman on The Corbett Report Nov 11th

Anonymous said...

TSB: US On Alert AS Russians Consider Reopening Military Bases In Cuba !!
Florida Maquis Things are moving rather quickly!! gwb

Anonymous said...

TSB: CNN is a little late with these revelations: Libya's Slave Auctions And African Genocide: What Hillary Knew
CNN exposes modern day slave auctions in "liberated" Libya, but Secretary of State Clinton knew the rebels she supported were targeting black Libyans as early as 2011.
NOV 15, 2017 12:53 PM (From the outset critics of Western intervention in Libya loudly sounded the alarm of a genocide against black Libyans in progress committed by the very rebels the US, UK, France, and Gulf allies were arming - a fact so well-known that then Secretary of State Hillary Clinton was personally briefed and warned on the matter.) I guess you could say Hillary is a "Neo-Colonialist" and Donna Brazille has kind of exposed her. gwb

TSB said...

GWB: I wonder if the Russians ever left Cuba. They had a big signals collection base and a sub base there the last I knew. Well, the wheel turns and old things come back.

Anonymous said...

TSB: FM drives an Uber and had a 3hr trip with 3 Brazilian sailors to Mayport Naval Base last week. They said the Russians have a big presence in the Brazilian Navy and have had for years. USCG has been interdicting lots of drugs coming into Florida and Brazil helps with this. gwb

Anonymous said...

TSB: No, they never left, and probably supplied the damaging technology both to hurt US diplomats and the tech to disable the electronics on the Fitzgerald in Japan. They recently disrupted communications in 4 countries while NATO was conducting exercises in the Baltic states.gwb

James said...

You're right about Russia/Cuba.

Anonymous said...

TSB: http://www.zerohedge.com/news/2017-11-16/riyadh-allowing-imprisoned-princes-buy-their-freedom
"Your Money Or Your Life" Notice they don't say "Your money or your Wife" in SA. I wonder if this would work in the US to bring home some of that "Offshore Corporate Cash" the elites use to avoid taxes and create monopoly empires? gwb

https://youtu.be/y6j7l4_VlqU Jack Benny 1938

Anonymous said...

TSB: FM is like having a Latin America history teacher. Columbia, Veneuela and Bolivia are all now beholden to Russia. China and Russia signed an agreement for visa free travel between the two countries. Panama is doing a lot of business with China. Hezbolah is a big favorite of Putins and Al Assaimi the VP of Venezuela and Temer of Brazil is cozying up to Putin. No more debt payments from Puerto Rico as US pulls out. Interesting! gwb