FDA early retirement

Executive Summary

Agency will not participate in FY 1994 in the early retirement buyout program passed by Congress in March to help achieve federal employment reductions called for in Vice President Gore's Reinventing Government report. As part of the initiative, eligible federal employees could be paid up to $25,000 to retire early. Each participating federal agency will lose a full-time employee position for every person that opts out early. FDA expects eligible employees to participate in the early retirement option in FY 1995