Issa Statement on Federal Phased Retirement Reform
Office of Personnel Management finalizes good government changes passed by Congress to enhance federal employee flexibility
House Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) today issued the following statement on the Office of Personnel Management’s (OPM) release of the final rule implementing the Federal Employee Phased Retirement Act, which was passed by Congress and signed into law by the President in 2012 to provide OPM the authority to offer phased retirement to federal employees. Phased retirement saves taxpayers money by allowing older federal employees to partially retire and begin receiving a portion of their pension while continuing to work.
“Now that the Administration is finally moving to implement this reform after two years of waiting, agencies must work quickly to establish criteria for approving or denying applications required by the regulation,” said Chairman Issa. “Phased retirement will save taxpayer money and give agencies an important tool to ensure they can meet their current and future workforce demands.”
Chairman Issa introduced phased retirement reform in 2012 (H.R. 4363). The language of Issa’s bill was incorporated into the 2012 highway reauthorization bill.