Bill > HR7256

This bill, titled the Federal Workforce Early Separation Incentives Act, amends existing law to increase the maximum amount of voluntary separation incentive payments that federal agencies can offer to employees who choose to retire or resign early. Previously, the payment was capped at a specific amount, but this legislation allows agency heads to determine the incentive amount, which can be up to six months of the employee's pay at the rate they were receiving before leaving their job, calculated in the same way as limits on severance pay (under section 5595(c) of title 5, United States Code). This change aims to provide agencies with more flexibility in managing their workforce through voluntary departures.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-bill/7256/all-info