A great friend of mine used to say that when faced with the requirement of an immediate answer, the response is nearly always no. This requirement for such a short suspense is a red flag and is likely not beneficial to most.
Thank you. I moved my funds in TSP to L2030 fund and upped percentage that I have going into it. Not planning to take the "deferred resignation" but getting myself on track best I can to be as prepared as possible. I have over 30 years of service but was planning to wait until I turn 62 before I retire.
Thank you for bringing up the emotional readiness of going from supporting a mission to golfing all day every day, so to speak. And how not everybody is ready for that. That is a crucial decision ... you can have all the money in the world but if you fall into a depression after retirement it won't matter how much savings you have. I've seen this happen with a number of friends and acquaintances who weren't as ready as they thought they were and struggled after retirement.
I am certain of my decision to resign and my choice to resign is fully voluntary. I understand my employing agency will likely make adjustments in response to my resignation including moving, eliminating, consolidating, reassigning my position and tasks, reducing my official duties, and/or placing me on paid administrative leave until my resignation date. I am committed to ensuring a smooth transition during my remaining time at my employing agency. Accordingly, I will assist my employing agency with completing reasonable and customary tasks and processes to facilitate my departure. This doesn’t guarantee admin leave. Why not update the offer for clarification vs updating the FAQs?
Solid video, no bias and just information which is pleasant to see. Very new fed employee gs11 level and capable of getting a similar paying job on the private side. Resigning and taking the money here 🙏🏻
I’m a new at Federal employment, and still on probation, I’m concerned if I don’t take the “deferred resignation “ I will be fired anyway. This option to resign at least may give me income and benefits until I find another job comparable. Is so frustrating 😢
@@blancabonilla1477 Sorry you are in such a situation. I wish that the agencies knew enough to advise on probationary periods. If enough take this offer perhaps they will need the ones who stay to handle the workload.
I retired in 2022 and receive a FERS annuity. I came back to federal service in November 2024. I am thinking about resigning. Information provided by OPM is limited and my agency has no additional info. I am interested in the offer but lack the details to make a decision. Of note, I am not probationary as I was brought back under competitive reinstatement.
Hello, one thing you did not address and others did not either that might apply to some (not me): if you resign you may end up forfeiting unemployment benefits. If you do not resign, and you are part of a Reduction in Force, you should have unemployment benefits. Something to consider.
How can you read the fine print when they won’t give you the actual terms to read? My husband has asked important questions including a copy of this agreement so he can understand it all and they can’t give him anything or answer anything
Thx for the info Sir! Appreciate it! I have 5 yrs in so far and am not planning on leaving but am curious just as everyone else is…sounds like a good gig for those that were planing on retiring later this year and for those just starting out that may not be happy with their current job, and aren’t as invested in working for govt as a career…🤗🙏
I have 6 years in as a GS employee and don't plan on accepting this offer. I think it's great for those that are planning or close to retirement. I'm going to chance it and hope I stick around. It's too difficult to find decent pay in the rural area where I live.
@@Ghost_2366My cousin has worked remotely in the middle of nowhere -she recently left the govt for a better paying remote job. I would get that 8 months salary while you can-she regrets quitting last year!
I was planning to retire in November after 37 years in the Fed. If I refuse to resign and I get laid off before November, will my pension and TSP be affected?
Ill have 19 yrs 11 months and 1 week of fed service by 31 Dec 25, and am 58yrs old. Can leave be used to increase my time to 20 yrs and thereby eligible for VERA? The VERA guide does mention using leave, but some rules may be interpreted differently. Any recommendations??
What are your thoughts on the different levels of probation? (Year one: Probation. Year two: Conditional. Year three: Tenured) Would conditional employees who made it past the one year mark be safe if they decide to stay?
There's so many videos on this right now and they're all saying different things if you have any questions and you work for the government they're answering our questions online directly to us she don't need to watch a video like this to confuse yourself any further just contact the OPM because they're answering questions and we're all getting our answers directly from them
So you may know by now that agencies have requested VERA authorization and OPM has indicated it'll grant them. Like you, I think the deferred resignation offer is shady. Though my agency's head of management stated it WILL honor them, I'm not inclined to accept it. I'm waiting for the VERA offer, which is on strong legal footing. Hopefully you'll have some thoughts on the nexus between VERA and the deferred resignation offer.
What about Federal employees who receive Disability? Are the 8 months’ pay deemed “wages” for the sake of our wage-limits, or some kind of severance or settlement that doesn’t count against those?
SES's today are fighting this. They have received this benefit for decades, but now they say their peons are vital, and it will harm my agency if they leave. Hypocrites.
Was really interested in the realities of consultation with “other” professionals (employment attorneys) as mentioned, but this video is more about financial preparedness (critical). This did not expand on the pros/cons of the ‘fork’ options.
I did make mention of what we’ve been telling clients what we heard from employment attys. There is concern over whether language is considered binding and any enforceability. Beyond that, pros/cons apply only to a VERA, otherwise the only difference is not having a job anymore. Stay tuned for another video on newer updates and VERA later this week. -TG
Not advice, to be clear, just perspective. I briefly mentioned it within: they indicated concern about whether language is binding and over enforceability.
This is how I understood it....if you are already eligible for a retirement pension under MRA+10 and you were already planning to leave Federal Service before reaching the Full retirement age or years of service....you will still be eligible to leave service and EITHER collect your reduced pension (5% per year penalty under 62) or receive an unreduced pension based on your MRA+10 calculation at age 62 REGARDLESS if you choose to take this Resignation. Prior to this "offer" - If you were at MRA+10 and was already planning to leave/quit or resign from Federal Service before reaching your full retirement age/years - you would be in the exact same situation....so nothing would be any different......EXCEPT Maybe for your FEHB benefits......HOWEVER if you fall under TRICARE (as many Fed employees do) ......then FEHB is probably a non issue anyway so you would lose nothing BUT you could gain by leaving early and still collect your normal Pay/benefits thru 9/30. If this is not correct - please explain why.
Trumps words last time he was president. " Take the guns first, then due process". This was about the bump stocks. Pence had to correct Trump that it doesn't work that way.
Do you think federal firefighters, law enforcement, and other special category workers are in danger of these cuts? I am almost 48 (April), and have 19 years 7 month in civil service. Thanks!
I dont know how someone like a gs5 is supposed to save up 6 months of living expenses. Maybe thats easy for the GS fantastic non supervisory desk jobs in DC but from Ive seen a lot of the lower level people are struggling to get by. These lower positions have no real safety net, are arguably the most important on the ground positions, and yet are going to be hit hardest by these new schemes I fear.
WoW! I’m the first comment! Shows that lot of folks, especially DoD Federal Government don’t care what’s going on with their government. 20 USAF veteran, 10 year federal employee.
Would be nice to have someone in our actual chain of command validate that this stuff is legit. Our agency HR’s even admit they don’t know anything about any of this and we just have to trust these external emails. Weird times.
So excited and hope the difficult bum employees will take advantage of this. They make the workday so difficult for all of us workers to meet our goals. Yes some federal workers actually do work.
Not sure why folks would listen to these influencers.. I work for the feds and our top folks have already told us exactly how our agency is going about this deffereed resignation. Every agency is going to go about this a little different. Just listen to your agency .
![[Deferred Resignation] Part 1: Legitimacy, Distrust & Uncertainty](http://i.ytimg.com/vi/-YdR1Ye3XuQ/mqdefault.jpg)
A great friend of mine used to say that when faced with the requirement of an immediate answer, the response is nearly always no. This requirement for such a short suspense is a red flag and is likely not beneficial to most.
Interesting detail, isn’t it?
I hit my MRA last year and have 32 years fed service. Was planning on retiring in April. This came at the perfect time
@brianlaney8299. Bless your heart !! Thank you for your service. Happy retirement!
Thank you. I moved my funds in TSP to L2030 fund and upped percentage that I have going into it. Not planning to take the "deferred resignation" but getting myself on track best I can to be as prepared as possible. I have over 30 years of service but was planning to wait until I turn 62 before I retire.
Thank you for bringing up the emotional readiness of going from supporting a mission to golfing all day every day, so to speak. And how not everybody is ready for that. That is a crucial decision ... you can have all the money in the world but if you fall into a depression after retirement it won't matter how much savings you have. I've seen this happen with a number of friends and acquaintances who weren't as ready as they thought they were and struggled after retirement.
I am certain of my decision to resign and my choice to resign is fully voluntary. I understand my employing agency will likely make adjustments in response to my resignation including moving, eliminating, consolidating, reassigning my position and tasks, reducing my official duties, and/or placing me on paid administrative leave until my resignation date.
I am committed to ensuring a smooth transition during my remaining time at my employing agency. Accordingly, I will assist my employing agency with completing reasonable and customary tasks and processes to facilitate my departure.
This doesn’t guarantee admin leave. Why not update the offer for clarification vs updating the FAQs?
Solid video, no bias and just information which is pleasant to see. Very new fed employee gs11 level and capable of getting a similar paying job on the private side. Resigning and taking the money here 🙏🏻
Thanks for tuning in!
I’m a new at Federal employment, and still on probation, I’m concerned if I don’t take the “deferred resignation “ I will be fired anyway. This option to resign at least may give me income and benefits until I find another job comparable. Is so frustrating 😢
Pretty sure they will just let you go if you're still on probation. They will definitely not pay you for months if they don't have to..
Sorry you’re having to go through this so soon after starting!
@@MikeyC-ze5up It's of no benefit for you to leave. Start looking for another job
@@blancabonilla1477 Sorry you are in such a situation. I wish that the agencies knew enough to advise on probationary periods. If enough take this offer perhaps they will need the ones who stay to handle the workload.
@blancabonilla1477. Did you consult an attorney first?? That’s important.
Thank you for the insight. It's much appreciated given that there is too much speculation and false information in other videos. 👍
Glad it was helpful!
I retired in 2022 and receive a FERS annuity. I came back to federal service in November 2024. I am thinking about resigning. Information provided by OPM is limited and my agency has no additional info. I am interested in the offer but lack the details to make a decision. Of note, I am not probationary as I was brought back under competitive reinstatement.
Hello, one thing you did not address and others did not either that might apply to some (not me): if you resign you may end up forfeiting unemployment benefits. If you do not resign, and you are part of a Reduction in Force, you should have unemployment benefits. Something to consider.
Great point!
Big decisions like this shouldn’t be rushed! Know your options, read the fine print, and see how the trends are shifting.
How can you read the fine print when they won’t give you the actual terms to read? My husband has asked important questions including a copy of this agreement so he can understand it all and they can’t give him anything or answer anything
this was a really helpful video, thank you!
I'm so glad!
Thanks for this information!
You’re welcome!
Greetings from Redondo Beach 🇺🇸🇺🇸Very informative. Thank you👍🏽
Glad it was helpful!
Thx for the info Sir! Appreciate it! I have 5 yrs in so far and am not planning on leaving but am curious just as everyone else is…sounds like a good gig for those that were planing on retiring later this year and for those just starting out that may not be happy with their current job, and aren’t as invested in working for govt as a career…🤗🙏
I have 6 years in as a GS employee and don't plan on accepting this offer. I think it's great for those that are planning or close to retirement. I'm going to chance it and hope I stick around. It's too difficult to find decent pay in the rural area where I live.
@@Ghost_2366My cousin has worked remotely in the middle of nowhere -she recently left the govt for a better paying remote job. I would get that 8 months salary while you can-she regrets quitting last year!
Great video! Thanks
Glad you liked it!
Thanks for the info!
Great vid, thanks a lot.
Glad you liked it!
Title 5. Admin Leave no longer than 10 days per calendar year. Gov not funded past 14 Mar. Does resignation impact any legal standing?
According to the letter you GIVE UP any and all legal standings, you can NOT sue for anything, even if they don't hold up their end of the contract 😢
@aaroningalls3039 www.chcoc.gov/content/legality-deferred-resignation-program
Im a probationary employee and still 2 months until my 1st year at VA! No on way i sit here and I get fired. So I resigned, waiting for next steps.
Please let us know how it goes
Smart
Does this mean u remain working til sept?
Have you heard anything? Any updates from HR or OPM?
Updates would be incredible to help others in their similar efforts
I was planning to retire in November after 37 years in the Fed. If I refuse to resign and I get laid off before November, will my pension and TSP be affected?
Musk putting his own server into OPM is the most illegal thing I've ever heard of. Breaking laws on day f'ing one
100% Makes me think of the laptop that did it didn't exist.
What about health insurance coverage? Will i have health insurance until September?
Yes.
What about the federal employees in their probationary period? Are they eligible for the deferred resignation program?
Ill have 19 yrs 11 months and 1 week of fed service by 31 Dec 25, and am 58yrs old. Can leave be used to increase my time to 20 yrs and thereby eligible for VERA? The VERA guide does mention using leave, but some rules may be interpreted differently. Any recommendations??
What are your thoughts on the different levels of probation? (Year one: Probation. Year two: Conditional. Year three: Tenured) Would conditional employees who made it past the one year mark be safe if they decide to stay?
According to Government Executive, VERA authority has been added to the deferred resignation offer.
I plan to retire at the end of the month of February. Would this affect me at all should I put off retirement and resign?
My wife was to retire 10/31/25. So why not now?
I heard Ford &GM did this same thing years ago pushed older staff near retirement.
They did, I was working at a GM plant as a contractor at that time.
There's so many videos on this right now and they're all saying different things if you have any questions and you work for the government they're answering our questions online directly to us she don't need to watch a video like this to confuse yourself any further just contact the OPM because they're answering questions and we're all getting our answers directly from them
Hi, do you think employees with less than a year of service qualify for resignation offer? Resignation letter states ALL federal employees!!!
So you may know by now that agencies have requested VERA authorization and OPM has indicated it'll grant them. Like you, I think the deferred resignation offer is shady. Though my agency's head of management stated it WILL honor them, I'm not inclined to accept it. I'm waiting for the VERA offer, which is on strong legal footing. Hopefully you'll have some thoughts on the nexus between VERA and the deferred resignation offer.
We’ll certainly have another video on VERA shortly.
What about Federal employees who receive Disability? Are the 8 months’ pay deemed “wages” for the sake of our wage-limits, or some kind of severance or settlement that doesn’t count against those?
How is everyone thinking that they want to respond to the offer?
Getting ahead of "potential surprises". Do you mean 🤔 like deferred resignation?
Or others that don’t need to be mentioned!
Things getting jiggy!
SES's today are fighting this. They have received this benefit for decades, but now they say their peons are vital, and it will harm my agency if they leave. Hypocrites.
Was really interested in the realities of consultation with “other” professionals (employment attorneys) as mentioned, but this video is more about financial preparedness (critical). This did not expand on the pros/cons of the ‘fork’ options.
I did make mention of what we’ve been telling clients what we heard from employment attys. There is concern over whether language is considered binding and any enforceability. Beyond that, pros/cons apply only to a VERA, otherwise the only difference is not having a job anymore. Stay tuned for another video on newer updates and VERA later this week. -TG
What happens when Legislative/Judicial decide that the "buyout" wasn't allocated by congress and thus illegal?
Well, people just resigned on their own then. I don't agree with that, but that's what will happen.
Take it if you are 55 or above. You can access TSP without 10% penalty but will pay taxes on it
But i thought they she was 59 1/2 with no penalty
Friday night (1/31)VERA was authorized for all agencied by Chuck Ezell, the head of OPM.
Where is the advice from attorneys you talked to?
Not advice, to be clear, just perspective. I briefly mentioned it within: they indicated concern about whether language is binding and over enforceability.
This type of email means top performers will be the first to go.
Elons team overtook OPM
. Read the emails they aren’t worded like a government employee wrote them.
You can’t keep health insurance if you take it
This is how I understood it....if you are already eligible for a retirement pension under MRA+10 and you were already planning to leave Federal Service before reaching the Full retirement age or years of service....you will still be eligible to leave service and EITHER collect your reduced pension (5% per year penalty under 62) or receive an unreduced pension based on your MRA+10 calculation at age 62 REGARDLESS if you choose to take this Resignation.
Prior to this "offer" - If you were at MRA+10 and was already planning to leave/quit or resign from Federal Service before reaching your full retirement age/years - you would be in the exact same situation....so nothing would be any different......EXCEPT Maybe for your FEHB benefits......HOWEVER if you fall under TRICARE (as many Fed employees do) ......then FEHB is probably a non issue anyway so you would lose nothing BUT you could gain by leaving early and still collect your normal Pay/benefits thru 9/30.
If this is not correct - please explain why.
What about Due Process!!???
Trumps words last time he was president. " Take the guns first, then due process". This was about the bump stocks. Pence had to correct Trump that it doesn't work that way.
Do you think federal firefighters, law enforcement, and other special category workers are in danger of these cuts? I am almost 48 (April), and have 19 years 7 month in civil service. Thanks!
I dont know how someone like a gs5 is supposed to save up 6 months of living expenses. Maybe thats easy for the GS fantastic non supervisory desk jobs in DC but from Ive seen a lot of the lower level people are struggling to get by. These lower positions have no real safety net, are arguably the most important on the ground positions, and yet are going to be hit hardest by these new schemes I fear.
This should not affect the foreign service.
WoW! I’m the first comment! Shows that lot of folks, especially DoD Federal Government don’t care what’s going on with their government.
20 USAF veteran, 10 year federal employee.
If you belong to a Union, then they will give you recommendations!
VERA was just authorized by OPM yesterday
For which agency?
Chaos for no reason
Would be nice to have someone in our actual chain of command validate that this stuff is legit. Our agency HR’s even admit they don’t know anything about any of this and we just have to trust these external emails. Weird times.
That's what we are waiting for as well. Our management doesn't seem to know what's going on.
So excited and hope the difficult bum employees will take advantage of this. They make the workday so difficult for all of us workers to meet our goals. Yes some federal workers actually do work.
Does letter carriers included
We call it “Shock and Awe”💥and “Psychological Warfare” 🚀at my workplace. It’s been nonstop since January 21st. ✌🏽
Lots of questions and not a whole lot of answers….
Nothing is clear yet, other than how to start financially preparing for uncertainty. Thx for tuning in!
OPM has no authority to do this. Ignore their email. Lets stop talking about this like it is legal or normal.
Have less than a year or 2 service under probation period, your gone.
Don't leave Gov service. You won't get paid. Wait 3 years
Sounds very fishy. I don't think many employees will fall for this.
Interesting.
Admiral Ackbar would like word.
🥄!!!
Posted 7 hours ago and no previous comments? Hmmm
It's of no benefit for you to leave. Start looking for another job.
First
Not sure why folks would listen to these influencers.. I work for the feds and our top folks have already told us exactly how our agency is going about this deffereed resignation. Every agency is going to go about this a little different. Just listen to your agency .
Is this legit?
My comment was deleted.
I think TH-cam was blocking some comments or having a technical issue. Mine weren’t showing on previous videos but they are now.