In the aftermath of the last trend of federal agencies that prevent thousands of employees, the US Securities and Stock Exchange Committee (SEC) requested its employees to retire or resign. SEC has attached an incentive of $ 50,000 to its employees, while the financial organizer calls it “Voluntary Early Retirement”.
The Trump administration and the Ministry of Governmental efficiency (DOGE) have focused its efforts to significantly lose government workforce and provide government funds in several areas.
Huge workers and federal acquisition programs are the results of their efforts so far. Recently, SEC has offered its long -term employees the opportunity to resign or retire for a cash prize of $ 50,000.
SEC goes to the early voluntary retirement path
According to an internal memorandum from the CEO of Operations at SEC, the volunteer early retirement program is open for permanent employees who were on the salary schedule for the agency before January 24, 2025.
The qualified employees of this offer must make their decision by March 21, 2025, and separate from the agency by April 4, 2025. The program allows these employees to resign, be transferred to another agency, or retire immediately.
The memo also stated that the employees who accept incentive And returning to the Supreme Education Council within five years is obligated to completely pay the incentive.
The Trump administration’s continuous efforts to reduce the federal workforce already have already led to the elimination of more than 100,000 civilian jobs, and its momentum does not seem to slow down. In February, the White House has instructed federal agencies to provide its plans to “Wide -range discounts in effectBy March 13. The memorandum from the White House did not play any specific roles for the end, but it was said that it begins with workers who are considered unnecessary during the closure of the government.
With their plans to save money, the memo also issued instructions to federal agencies to submit proposals to transfer their offices abroad to “less expensive parts of the country.”
The immediate cost of the SEC’s acquisition of the SEC acquisition will be compensated by canceling more expenses on employees who accept the offer.
In addition, the Securities and Stock Exchange Authority issued instructions for all employees, including trade union workers, to return to the office starting from April 14, 2025. personally. This is not a surprise, as Donald Trump ordered the heads of departments and agencies “to take all the steps necessary to end the work arrangements” on his first day in the office.
The instructions have been met by decline from employees because the Federation’s contract with the agency allows a remote work. The instructions are only temporarily excluded employees who already have full -time distance arrangements or their homes more than 50 miles from the SEC office.
Operations in the workforce
SEC Beauty is in line with the Trump administration’s goal of reducing the government workforce significantly. It is one of the many other agencies that have made incentives for workers to voluntarily abandon their roles.
On average 62,000 federal workers Retire every year Over the past decade, according to the data provided by the US Personnel Management Office (OPM), but with Dog’s strategies and President Trump, this number is expected to rise sharply.
The Ministry of Education has provided an incentive of $ 25,000 to its employees for retirement or resignation voluntarily. Although it was framing as a voluntary program, the advertisement The incentive also came with the threat of “a significant decrease in the power of the US Department of Education” after the deadline for submitting the application.
The White House also offered all 2.3 million federal employees, including 783 thousand civilians in the Ministry of Defense, a Acquisition About eight months of their salaries and benefits. The offer was reported to employees who refused to comply with President Trump’s demands for all workers to return to the office.
The email that provides the incentive has been framing as an easy way to manage to finish the effective remote work for most of the federal workforce. However, the threat of the “majority” of agencies that see the discounts in force after the end of the offer ended.
The American Post service recently provided early retirement incentives of $ 15,000 to postal managers and other support staff, noting operating changes as a reason behind this step.
“The United States’s post service continues to transform its business model and build an organized organization for success. As a result of our capital investments in modern postal processing equipment and changes on our network, the postal service needs to reduce employees in those facilities that are overlooked while we continue to provide a quick, reliable and effective service to all societies. He said.
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