Not affiliated with The United States Office of Personnel Management or any government agency

Not affiliated with The United States Office of Personnel Management or any government agency

Phased Retirement – Has Its Time Come?

Phased Retirement

Phased RetirementThe Office of Personnel Management (OPM) has proposed a “Phased Retirement” program.  Although implementation has not been announced, it may be valuable to our readers to get a jump start on what Phased Retirement is all about.

The Office of Personnel Management realizes the importance of preserving and protecting institutional knowledge.  As federal employees

leave the federal service, it is apparent that their physical-selves are not the only aspect of their presence that is leaving the service.  The knowledge and know-how acquired over a life-time of federal service is also leaving, an invaluable and irreplaceable resource, and a resource that can only be preserved and protected by the passing on of knowledge.

Knowledge unshared is truly knowledge lost.  Through Phased Retirement, OPM is exploring a way to harness some of that knowledge by introducing a mechanism by which potential retirees can stay a little longer, until that knowledge and expertise can be ingested and digested by the next generation of federal workers.

In essence that is the core concept of Phased Retirement.  The idea of Phased Retirement is a very clear signal as to the trajectory of the federal workforce.  It also is a clear indication that the leadership of the largest workforce in the world has seen the flaw of reactionary management.  Every successful workforce, no matter its size, is better served by recognizing the value of knowledge and working proactively to preserve and protect a resource of unparalleled importance to the growth and prosperity of a nation.
P. S.  Always Remember to Share What You Know.

 

RELATED ARTICLES

Explanation of Phased Retirement

Phased Retirement’s Debut

Phased Retirement – Closing the Knowledge Gap

Phased Retirement – Participation

For information on your Thrift Savings Plan click HERE

For information on how to use LiteBlue click HERE

For information on FSAFEDS click HERE

For information on FEHB click HERE

 

 

 

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