President Trump during a federal budget luncheon at the White House last month. Yoder: Voluntary Early Retirement Authority (VERA), in federal lingo, allows federal employees to retire before they hit the standard combinations of age and years of service. There are two main federal retirement systems, one called the Civil Service Retirement System and the other the Federal Employees Retirement System. Q: If buyouts and early retirement offers don’t reduce the workforce enough to meet an agency’s budget, how does a RIF work? [Help us cover the federal government in the new administration]Read more:[Firing federal workers isn’t as easy as Trump makes it seem in his budget][Anxiety, fear, uncertainty mark federal employees awaiting Trump’s budget][Federal workforce early target of Trump’s ‘deconstruction’ era]

Source: Washington Post March 16, 2017 19:41 UTC