FMP Phased Retirement

Updated : Oct 22, 2019 in Articles

FMP Phased Retirement


You may have heard about ‘Phased Retirement’, but you might still be wondering, ‘What exactly is it and how can it help my agency?’ Let’s begin with answering the question, “What is Phased Retirement?” Phased Retirement enables federal employees to spend 50 percent of their time in retirement and 50 percent of their time working, while having a focus on mentoring others. Through this program, agencies can temporarily retain employees who would otherwise retire, so they can transfer their knowledge to others before they leave the organization. By 2017, 30 percent of Federal Government employees and more than 60 percent of the Senior Executive Service will be eligible for retirement. Phased Retirement is a great management tool that can help your agency address its biggest human capital challenges. While also helping your employees at the end of their career transition into full retirement. FMP Consulting can design a customized phased retirement program that can help your agency: Ease the impacts of anticipated attrition, transfer knowledge, mentor and develop successors and, support workforce planning and succession planning in your organization. To learn more about designing a Phased Retirement program for your agency, contact FMP.

Leave a Reply

Your email address will not be published. Required fields are marked *