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Federal Employee Buyouts Explained: Are They Coming Soon?
Discover the potential changes affecting federal employees as the Trump administration's actions might lead to buyouts and early outs. This video, featuring former federal human resources officer Ralph Smith, delves into the nuances of buyouts (VSIP) and early outs (VERA). Gain insights into what federal employees need to know about these incentives and what proactive steps they should consider.
Our comprehensive video covers:
The implications of the Civil Service Reform Act
The Trump administration's objectives
The political landscape of the federal government
The state of the current federal workforce
Detailed analysis of buyouts and early outs
Key questions federal employees should contemplate
Join us to understand the incentives available, how they could impact you, and plan your next steps effectively.
Related Articles
Probationary Period Federal Employees Facing An Uncertain Future
www.fedsmith.com/2025/01/23/probationary-period-for-federal-employees-faces-uncertain-future/
Ending DEI and Reforming the Federal Hiring Process
www.fedsmith.com/2025/01/21/ending-dei-reforming-hiring-process/
Employees Being Placed on Admin Leave as DEI Offices Prepare to Be Shuttered
www.fedsmith.com/2025/01/22/employees-being-placed-on-admin-leave-as-dei-offices-prepare-to-be-shuttered/
Schedule F is Back
www.fedsmith.com/2025/01/20/schedule-f-is-back/
Trump Issues Executive Orders Creating Hiring Freeze and Freeze on Regulations
www.fedsmith.com/2025/01/20/executive-orders-hiring-freeze-regulations-freeze/
Trump Signs Memorandum Ending Remote Work for Federal Employees
www.fedsmith.com/2025/01/20/trump-signs-executive-order-ending-remote-work-for-federal-employees/
Key Topics Discussed:
[00:00] Intro
[01:01] Civil Service Reform Act
[02:16] Trump Administration's Objectives
[03:52] Federal Government is a Political Environment
[04:40] Not a New Experience
[06:22] The Federal Workforce Today
[07:23] Buyouts a Possibility
[07:48] Advice on Buyouts
[08:04] Questions to Consider in Advance
[10:13] What is an Early Out (VERA)?
[11:31] What is a Buyout (VSIP)?
[12:38] RIF vs. VERA and VSIP
[13:48] Conclusion
มุมมอง: 28 158

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ความคิดเห็น

  • @mikethompson3534
    @mikethompson3534 9 นาทีที่ผ่านมา

    I work for a major airline and we are so over staffed by a ridiculous amount l work in maintenance and we are so over over staffed by at least 60% We have a lot younger employees but this younger generation refuses to work and just stare at their iPhone all day and collect their pay checks,it’s unbelievable as this new management are also in their late 20’s

  • @Carol-l3w3l
    @Carol-l3w3l 31 นาทีที่ผ่านมา

    Senator Collins has asked the SS Administration to expedite these bac payments.

  • @Carol-l3w3l
    @Carol-l3w3l ชั่วโมงที่ผ่านมา

    Okay, so they cut my SS benefit by half when I was in the hospital January of 2024. Will I get retroactive payments, returning this half starting January of ‘24? I’m thinking so.

  • @MyAccountForCommenting
    @MyAccountForCommenting ชั่วโมงที่ผ่านมา

    You're cool. 😎

    • @ES-iz4wf
      @ES-iz4wf 56 นาทีที่ผ่านมา

      Thank you I appreciate that and you don’t even know me

  • @AB-mx9lx
    @AB-mx9lx 2 ชั่วโมงที่ผ่านมา

    Personally...I work much less in the office than at home....stupid dumb decisions by a few some people that we gave them our vote.

  • @andrewjackson4510
    @andrewjackson4510 2 ชั่วโมงที่ผ่านมา

    I am eligible for a VERA, but I am on the fence. It is my understanding that if I was riffed, it would be called discontinued service retirement. I would still be able to keep my health insurance and would receive the same pension because I am over 50 with 22 years of service. Also. If I received a severance package it would be more than a VSIP. VERA sounds better than a RIF, but in my case I don’t think it is. I guess I will just wait it out and see what happens.

  • @AB-mx9lx
    @AB-mx9lx 2 ชั่วโมงที่ผ่านมา

    The executive order states ''Remote''...not 'Telework''...these are two different things.

    • @flashgordon6238
      @flashgordon6238 ชั่วโมงที่ผ่านมา

      It does only refer to Remote work, and it is not an Executive Order, it is a Memorandum.

  • @ciscoytube5352
    @ciscoytube5352 2 ชั่วโมงที่ผ่านมา

    4:25 "no safe space," "smoke pot." Brother, I was in the marine corps when you were divorcing your first wife. You want to reduce the government? Give me the tools to fire poor performers. Don't arbitrarily fire new hires on probationary periods or put me at a competitive disadvantage with corporations that pay more and offer better work/life balances. You dick.

  • @leslovesliberty1776
    @leslovesliberty1776 2 ชั่วโมงที่ผ่านมา

    Ahhh no, you mean they'll actually have to do their jobs like the rest of us??😭🤣

  • @leslovesliberty1776
    @leslovesliberty1776 2 ชั่วโมงที่ผ่านมา

    OUR tax dollars pay for these bozos!! 🤡🤯

  • @leslovesliberty1776
    @leslovesliberty1776 2 ชั่วโมงที่ผ่านมา

    The rest of America has to show up for work in person, why shouldn't the government workers WE pay for?? 💯

  • @ToBeDetermined56789
    @ToBeDetermined56789 4 ชั่วโมงที่ผ่านมา

    I think the ultimate goal is to privatize as much of this work as possible.

  • @Elvis__TCB
    @Elvis__TCB 4 ชั่วโมงที่ผ่านมา

    Can you please have a normal person record things. Not a rude out of touch boomer slinging untrue stereotypes.

    • @ES-iz4wf
      @ES-iz4wf 54 นาทีที่ผ่านมา

      Truth hurts snowflake

    • @ES-iz4wf
      @ES-iz4wf 43 นาทีที่ผ่านมา

      Why did you watch? You could have clicked too a different video, you’re silly

  • @Foxie635
    @Foxie635 4 ชั่วโมงที่ผ่านมา

    I just read in the works, they will up the buyout to $40k and service time reduced from 20 to 15 for early retirement. If this is true, I already have 15 and want to bail now!

  • @DarterDamselfly
    @DarterDamselfly 5 ชั่วโมงที่ผ่านมา

    I'm disabled so my probationary period is longer. It is well known it is hard for people like me to get fulfilling and well paying jobs despite being perfectly qualified and able to do the work. I'm absolutely terrified

  • @Mypuppyisademon
    @Mypuppyisademon 5 ชั่วโมงที่ผ่านมา

    $25,000???? Is this a bad joke?

  • @brooklynretired
    @brooklynretired 6 ชั่วโมงที่ผ่านมา

    Get some of those genius h1b Visa tech geeks to figure out a program to expedite payments.

  • @rhayder
    @rhayder 6 ชั่วโมงที่ผ่านมา

    Why offer buyouts when there is a shortage of employees

  • @7884Chris
    @7884Chris 6 ชั่วโมงที่ผ่านมา

    A 1 year delay for the increased monthly SS check and up to a 2 year delay for the retroactive check is not acceptable! Make your displeasure known on the "contact us" page of the SSA website and email your elected House member and Senators requesting that they put the SSA Commissioner's feet to the fire in sending out our checks in a timely manner rather than delay them in a political stunt to get more funding and manpower.

  • @armandoaguinaga6743
    @armandoaguinaga6743 6 ชั่วโมงที่ผ่านมา

    Just worried that Republicans will try to hold on to the money that is owed . They will drag it.

  • @user-sr6qp6fg6k
    @user-sr6qp6fg6k 6 ชั่วโมงที่ผ่านมา

    oh he help kill ssi receivers

  • @Nic-tu1zt
    @Nic-tu1zt 7 ชั่วโมงที่ผ่านมา

    So special retirement fed firefighters are left out ?

  • @bonnzzo
    @bonnzzo 8 ชั่วโมงที่ผ่านมา

    Could I do that at 48yrs old with 20yrs service?

    • @ES-iz4wf
      @ES-iz4wf ชั่วโมงที่ผ่านมา

      Nope you have to be 50

  • @MaryLopez-em3rc
    @MaryLopez-em3rc 8 ชั่วโมงที่ผ่านมา

    They are going to make feds lives as miserable as possible so a big hunk retire or quit, there’s not going to be any buyouts. The boomers are the highest paid. They’re fooling themselves if they think they’re going to get a job in the real world after 50.

  • @BeausMom
    @BeausMom 8 ชั่วโมงที่ผ่านมา

    There wont be a buy out. The plan is to fire as many as possible and make working so unpalatable the older employees retire or quit. The billionaires have decreed it.

  • @joevidrine
    @joevidrine 8 ชั่วโมงที่ผ่านมา

    It's retroactive to Dec. 2023, Jan 2024.

  • @fjai2755
    @fjai2755 9 ชั่วโมงที่ผ่านมา

    Is this guys message paid for by Trump?

    • @ES-iz4wf
      @ES-iz4wf 55 นาทีที่ผ่านมา

      MAGA ❤

  • @laughingshaman1
    @laughingshaman1 9 ชั่วโมงที่ผ่านมา

    I don’t think this administration will buy anyone out. They will fire everyone they can easily fire. Next, they will make life as uncomfortable as humanly possible for the remaining employees: -Ending all work from home -Reducing pay -Changing work sites requiring employees to move cross country on short notice. -Eliminating whole departments and agencies -Increased hostility against employees of color -Increased hostility toward white women Each of the strategies will force a segment of the workforce out both directly and indirectly. Anyone who can retire will retire, people who already wanted to leave will go, the rest will be forced out.

  • @labgirl3501
    @labgirl3501 9 ชั่วโมงที่ผ่านมา

    I think believe it is funny watching people just figuring out how powerful the president can be when he wants to wield his power. Maybe this is a shock that needed to happen. Particularly under a declared emergency the president has literal dictatorial power....wake up

  • @lovelove-er9lq
    @lovelove-er9lq 9 ชั่วโมงที่ผ่านมา

    You are repeating what we already know.What we need to know is When Social Security is going implement the Social Security Farness Act.You repeating what all youtubers are saying.We need to know when the money is going too hit our accounts.That would be very helpful.

  • @godfreydebouillon8807
    @godfreydebouillon8807 9 ชั่วโมงที่ผ่านมา

    Looks like it was a pretty bad idea for Feds to play James Bond, Russian spies, "saving democracy" and everything else in their delusional heads. That guy's your boss again, and hes absolutely pissed. If yall want to blame anyone, look at the leftist ideologues in your ranks who decided it was a good idea to listen to Democrats and use their positions for political and ideological ends. You're going to pay a very high price for this, and a vast majority of you aren't even to blame. Hopefully this will prevent this sort of political weaponization of our government for a very long time.

  • @leegendreau3848
    @leegendreau3848 9 ชั่วโมงที่ผ่านมา

    Those of us in the private sector had to go back to the office. Suck it up

  • @alanm500
    @alanm500 9 ชั่วโมงที่ผ่านมา

    I’m 50 with 30+ years and zero debt. I’d probably take it if they offer it to me. I’ll go to my shop and make bird houses or something. 😆

    • @ES-iz4wf
      @ES-iz4wf 59 นาทีที่ผ่านมา

      Smart move. Use pallet wood to make them. You can find free pallets everywhere, pure profit for you. Thinking outside the box, no way you’re a federal employee 😂

  • @BlackFemaleAnd50
    @BlackFemaleAnd50 9 ชั่วโมงที่ผ่านมา

    @4:24 - That was a tad insulting and it was unnecessary. Not all college students do that. Your attitude towards young people is one of the reasons why nobody wants to hire older workers.

    • @ES-iz4wf
      @ES-iz4wf ชั่วโมงที่ผ่านมา

      This speaker is spot on….did he hit a nerve snowflake? Go to your safe space and smoke some weed im sure you’ll feel better

  • @lisabee7263
    @lisabee7263 10 ชั่วโมงที่ผ่านมา

    Good information to consider. Thank you!

  • @irrelevantjoker37
    @irrelevantjoker37 10 ชั่วโมงที่ผ่านมา

    Just hit my 15 years so glad I am Veteran with 30 plus and having a good rate. Protect

  • @GSPfan2112
    @GSPfan2112 10 ชั่วโมงที่ผ่านมา

    All you federal employees who argue against this have no understanding of what your duty is to the American people. You were never GUARANTEED a job and you have no right to dictate the terms of your employment.

  • @dimitrispratling4785
    @dimitrispratling4785 10 ชั่วโมงที่ผ่านมา

    Uh huh what agency did you "switch" from?

  • @nolan2606
    @nolan2606 10 ชั่วโมงที่ผ่านมา

    Do buyouts usually only get offered to those who have been with the government for many years? Do they ever get offered to feds that have been there for 3-6 years?

  • @bt7521
    @bt7521 10 ชั่วโมงที่ผ่านมา

    Has the VERA age requirement ever been decreased? (I'm 50 with 18yrs of service.)

    • @maybelline888
      @maybelline888 5 ชั่วโมงที่ผ่านมา

      you can get VERA with age 50 +20 yrs of service.

    • @ES-iz4wf
      @ES-iz4wf 53 นาทีที่ผ่านมา

      Nope I heard just a few days ago they are increasing the age to squeeze people out, bummer

    • @ES-iz4wf
      @ES-iz4wf 45 นาทีที่ผ่านมา

      I don’t think you’re going to make it, year short

  • @drmitofit2673
    @drmitofit2673 11 ชั่วโมงที่ผ่านมา

    How about the Trump administration eliminating locality pay from pension calculation, effective in 1 to 2 years, not retroactive? That would trigger earlier retirement to beat the deadline with voluntary reduction in force from accelerated attrition. It would push current federal employees into the private work force, which would reverse the government bloat trend. Penalizes those who linger on the federal payroll, which would include some "dead wood". I am a retired federal physician who was in a scarce high-demand specialty, and my locality pay was 60% of my salary. My cumulative pension (calculated on base pay plus locality pay) with colas could payout about $5M over 30 years, which is truly more than I deserve or need (my TSP has gains from 30 years 100% in the C fund). This strategy wouldn't cost the government in buyouts and would reduce entitlement spending. It would encourage administrators to raise base pay at the expense of locality pay (which probably is prone to abuses, such as rewarding those who work in high living expense Democrat-run large cities with high taxes).

  • @MoorenaEl
    @MoorenaEl 11 ชั่วโมงที่ผ่านมา

    29:27 ITS CALLED MULTIPLE POLITICIAN DICTATORSHIP!!!

  • @twong3255
    @twong3255 11 ชั่วโมงที่ผ่านมา

    Do you still get your FERS supplement?

    • @ES-iz4wf
      @ES-iz4wf ชั่วโมงที่ผ่านมา

      I heard they are discontinuing the supplement, you’ll probably have to find another job for a few years until your pension kicks in

  • @donnarivers226
    @donnarivers226 11 ชั่วโมงที่ผ่านมา

    They took it from teachers fast enough though.. No delay there....

  • @MoorenaEl
    @MoorenaEl 11 ชั่วโมงที่ผ่านมา

    AMAZING how they criminalize fed employees whom have NO power yet POLITICIANS are given free reign to do anything possible to benefit themselves and 1%

  • @ColeenODay
    @ColeenODay 11 ชั่วโมงที่ผ่านมา

    Don’t worry about it folks. This mandate applied broadly to workers who were working from home during the pandemic. There are exemptions for specific situations. As an example, the DOC (commerce) sent an email letter telling its employees to get back to office but so far exempts NOAA, USPTO and its IG. Personally, I know a USPTO patent examiner has been teleworked since 1997. Its Office is fully telework and some of its buildings in Alexandria VA had been sold off. I don’t think the PTO has the means to have every employee coming back in, not all 14000 employees… maybe new hires or probational employees have to come in for a specific length of time.

  • @bp6877
    @bp6877 11 ชั่วโมงที่ผ่านมา

    Excellent information! Thank you!

  • @kwyatt75
    @kwyatt75 11 ชั่วโมงที่ผ่านมา

    It sucks that I am 49 w/just under 23 years of service, so I'm less than a year away from the age for qualifying for VERA to even have it as an option to consider.

  • @debraromine7758
    @debraromine7758 12 ชั่วโมงที่ผ่านมา

    Federal employees should have never thought that they could slack forever

    • @elmer8107
      @elmer8107 7 ชั่วโมงที่ผ่านมา

      Troll

  • @debraromine7758
    @debraromine7758 12 ชั่วโมงที่ผ่านมา

    Why should Americans have to pay for these federal workers to harass us over taxes that they illegally collect. SSA needs to be in the office so elderly people can go in and talk to someone if they want. A lot of elderly people do not have computer skills. Phone appoints are a joke.