As part of the EEOC's continuing reorganization plan, the agency is offering early retirement to headquarters employees and has requested limited buyout authority, according to an internal memo from EEOC Chair Cari Dominguez on May 8, 2006.
The "early outs" allow employees with at least 20 years of service to retire at age 50, or at any age with 25 or more years of service. The full terms of the buyout offer, including a timetable, eligible positions and dollar amounts, will be released after the Office of Personnel Management and Office of Management and Budget approve the buyout request, the memo stated.
Both the buyout and early out options would be voluntary, and all eligible workers wishing to take advantage of them would have to leave the agency by June 30, 2006.
According to the memo, money freed up by the early retirements would be budgeted for hiring investigators, mediators and attorneys in field offices, with the eventual goal of shifting 20% of headquarters resources to the field.