[Federal Register Volume 69, Number 114 (Tuesday, June 15, 2004)]
[Rules and Regulations]
[Pages 33277-33281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-13484]


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OFFICE OF PERSONNEL MANAGEMENT

5 CFR Parts 831 and 842

RIN 3206-AJ82


Voluntary Early Retirement Under the Homeland Security Act of 
2002

AGENCY: Office of Personnel Management.

ACTION: Final rule.

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SUMMARY: The Office of Personnel Management (OPM) is issuing final 
voluntary early retirement authority regulations. These regulations 
implement the voluntary early retirement authority provisions of the 
Homeland Security Act of 2002, which apply to most executive branch 
agencies. They explain how an agency requests authority from OPM to 
offer voluntary early retirement to its employees.

DATES: These regulations are effective June 14, 2004.

FOR FURTHER INFORMATION CONTACT: Charles W. Gray at 202-606-0960, FAX 
at 202-606-2329, TTY at 202-418-3134, or e-mail at [email protected].

SUPPLEMENTARY INFORMATION: OPM published interim voluntary early 
retirement authority regulations on June 13, 2003 (Federal Register, 
volume 68, number 114, fr13jn03-2). As a result, agencies may now 
receive OPM approval to use voluntary early retirement authority to 
reshape their workforces for reasons other than downsizing. The 
alternative to reshaping the workforce through voluntary measures such 
as early retirement is generally a reduction in force--a tool that can 
be disruptive and costly, both to employees and agencies. Agencies with 
a need for downsizing or reshaping their workforces can benefit from 
the ability to use the voluntary early retirement authority 
flexibilities that the final version of these regulations will provide.
    Section 1313(b) of the ``Homeland Security Act of 2002'' (Public 
Law 107-296, 116 Stat. 2135) provides agencies the option to offer 
voluntary early retirement when restructuring as well as downsizing. 
Previously, voluntary early retirement was only available to agencies 
when they needed to downsize. To obtain voluntary early retirement 
authority, unless an agency has a separate statutory authority, it must 
request approval from OPM. The request must provide the information 
required by section 1313(b) of Public Law 107-296. OPM will review the 
agency's request, and, if it meets requirements, issue voluntary early 
retirement authority. The agency must have OPM approval before using 
voluntary early retirement authority.
    The voluntary early retirement provisions are the same under the 
Civil Service Retirement System (CSRS) and the Federal Employees' 
Retirement System (FERS). Section 831.114 of title 5, Code of Federal 
Regulations, is revised to implement the voluntary early retirement 
provisions under CSRS that were amended by section 1313(b)(1) of Public 
Law 107-296 and codified in 5 U.S.C. 8336(d)(2). Section 842.213 of 
title 5, Code of Federal Regulations, is revised to implement the 
voluntary early retirement provisions under FERS that were amended by 
section 1313(b)(2) of Public Law 107-296 and codified in 5 U.S.C. 
8414(b)(1). The regulations explain which employees are potentially 
eligible for voluntary early retirement, how an agency requests 
voluntary early retirement authority from OPM, and how the agency 
manages the voluntary early retirement authority after approval.
    An agency's human capital plan and/or voluntary separation 
incentive payment implementation plan may be used to satisfy the 
requirements for requesting a voluntary early retirement authority if 
it contains the information required in the voluntary early retirement 
authority regulations.
    The revised sections 831.114 and 842.213 expand the definition of 
``specific designee'' and describe how agencies are to inform employees 
returning from military leave about the voluntary early retirement 
offers they may have missed while they were away. The definition of 
``specific designee'' in the interim regulations provided only two 
examples. It was felt that agency officials might believe that only 
individuals in one of the two types of positions described in those 
examples could serve as specific designees. The definition is expanded 
in the final rule to reduce the possibility of such an error.
    During the comment period described in the interim regulations, we 
received only one comment. It came from a labor organization concerned 
with the manner in which agencies may limit voluntary early retirement 
offers. Because the comment conflicted with existing law, and was 
outside the scope of these regulations, OPM is not adopting the 
suggestion made by the labor organization in its comments.
    After the comment period, two agencies raised questions about 
employees on military leave who would have, but for their current 
military service, received voluntary early

[[Page 33278]]

retirement offers. Section 4311 of title 38, United States Code, 
requires that agencies treat employees on military duty as though they 
were still on the job. Further, it specifies that employees are not to 
be disadvantaged because of their military service. Because of these 
requirements, we have included a paragraph in sections 831.114 and 
842.213 describing voluntary early retirement provisions for employees 
on military leave.
    For the convenience of the reader, we have restated criteria 
contained in the 5 U.S.C. 8336(d)(2) and 5 U.S.C. 8414(b)(1)(B), in 
sections 831.114(k)(2) and 842.213(k)(2), respectively. We have removed 
sections 831.114(h) and 842.213(h) from the interim regulation, and 
renumbered the final regulation accordingly, because these provisions 
are contained in the newly added statutory language.

Regulatory Flexibility Act

    I certify that this regulation will not have a significant economic 
impact on a substantial number of small entities because it affects 
only certain Federal employees.

Executive Order 12866, Regulatory Review

    This rule has been reviewed by the Office of Management and Budget 
in accordance with Executive Order 12866.

List of Subjects

5 CFR Part 831

    Administrative practice and procedure, Alimony, Claims, 
Firefighters, Government employees, Income taxes, Intergovernmental 
regulations, Law enforcement officers, Pensions, Reporting and 
recordkeeping requirements, Retirement.

5 CFR Part 842

    Air Traffic Controllers, Alimony, Firefighters, Government 
employees, Law enforcement officers, Pensions, Retirement.

U.S. Office of Personnel Management.
Kay Coles James,
Director.


0
Accordingly, OPM amends parts 831 and 842 of title 5, Code of Federal 
Regulations, as follows:

PART 831--RETIREMENT

0
1. The authority citation for part 831 is revised to read as follows:

    Authority: 5 U.S.C. 8347; Sec. 831.102 also issued under 5 
U.S.C. 8334; Sec. 831.106 also issued under 5 U.S.C. 552a; Sec. 
831.108 also issued under 5 U.S.C. 8336(d)(2); Sec. 831.114 also 
issued under 5 U.S.C. 8336(d)(2), and section 1313(b)(5) of Pub. L. 
107-296, 116 Stat. 2135; Sec. 831.201(b)(1) also issued under 5 
U.S.C. 8347(g); Sec. 831.201(b)(6) also issued under 5 U.S.C. 
7701(b)(2); Sec. 831.201(g) also issued under sections 11202(f), 
11232(e), and 11246(b) of Pub. L. 105-33, 111 Stat. 251; Sec. 
831.201(g) also issued under sections 7(b) and 7(e) of Pub. L. 105-
274, 112 Stat. 2419; Sec. 831.201(i) also issued under sections 3 
and 7(c) of Pub. L. 105-274, 112 Stat. 2419; Sec. 831.204 also 
issued under section 102(e) of Pub. L. 104-8, 109 Stat. 102, as 
amended by section 153 of Pub. L. 104-134, 110 Stat. 1321; Sec. 
831.205 also issued under section 2207 of Pub. L. 106-265, 114 Stat. 
784; Sec. 831.301 also issued under section 2203 of Pub. L. 106-265, 
114 Stat. 780; Sec. 831.303 also issued under 5 U.S.C. 8334(d)(2) 
and section 2203 of Pub. L. 106-235, 114 Stat. 780; Sec. 831.502 
also issued under 5 U.S.C. 8337; Sec. 831.502 also issued under 
section 1(3), E.O. 11228, 3 CFR 1964-1965 Comp. p. 317; Sec. 831.663 
also issued under sections 8339(j) and (k)(2); Secs. 831.663 and 
831.664 also issued under section 11004(c)(2) of Pub. L. 103-66, 107 
Stat. 412; Sec. 831.682 also issued under section 201(d) of Pub. L. 
99-251, 100 Stat. 23; Sec. 831.912 also issued under Appendix C to 
Pub. L. 106-554, 114 Stat. 2763A-125; subpart V also issued under 5 
U.S.C. 8343a and section 6001 of Pub. L. 100-203, 101 Stat. 1330-
275; Sec. 831.2203 also issued under section 7001(a)(4) of Pub. L. 
101-508, 104 Stat. 1388-328.

Subpart A--Administration and General Provisions

0
2. Section 831.114 is revised to read as follows:


Sec.  831.114  Voluntary early retirement-substantial delayering, 
reorganization, reduction in force, transfer of function, or other 
workforce restructuring.

    (a) A specific designee is defined as a senior official within an 
agency who has been specifically designated to sign requests for 
voluntary early retirement authority under a designation from the head 
of the agency. Examples include a Chief Human Capital Officer, an 
Assistant Secretary for Administration, a Director of Human Resources 
Management, or other official.
    (b) An agency's request for voluntary early retirement authority 
must be signed by the head of the agency or by a specific designee.
    (c) The request must contain the following information:
    (1) Identification of the agency or specified component(s) for 
which the authority is being requested;
    (2) Reasons why the agency needs voluntary early retirement 
authority. This must include a detailed summary of the agency's 
personnel and/or budgetary situation that will result in an excess of 
personnel because of a substantial delayering, reorganization, 
reduction in force, transfer of function, or other workforce 
restructuring or reshaping, consistent with agency human capital goals;
    (3) The date on which the agency expects to effect the substantial 
delayering, reorganization, reduction in force, transfer of function, 
or other workforce restructuring or reshaping;
    (4) The time period during which the agency plans to offer 
voluntary early retirement;
    (5) The total number of non-temporary employees in the agency (or 
specified component(s));
    (6) The total number of non-temporary employees in the agency (or 
specified component(s)) who may be involuntarily separated, downgraded, 
transferred, or reassigned as a result of the substantial delayering, 
reorganization, reduction in force, transfer of function, or other 
workforce restructuring or reshaping;
    (7) The total number of employees in the agency (or specified 
component(s)) who are eligible for voluntary early retirement;
    (8) An estimate of the total number of employees in the agency (or 
specified component(s)) who are expected to retire early during the 
period covered by the request for voluntary early retirement authority; 
and
    (9) A description of the types of personnel actions anticipated as 
a result of the agency's need for voluntary early retirement authority. 
Examples include separations, transfers, reassignments, and 
downgradings.
    (d) OPM will evaluate a request for voluntary early retirement 
based on:
    (1) A specific request to OPM from the agency for voluntary early 
retirement authority;
    (2) A voluntary separation incentive payment implementation plan, 
as discussed in part 576, subpart A, of this chapter, which must 
outline the intended use of the incentive payments and voluntary early 
retirement; or
    (3) The agency's human capital plan, which must outline its 
intended use of voluntary separation incentive payments and voluntary 
early retirement authority, and the changes in organizational structure 
it expects to make as the result of projected separations and early 
retirements.
    (e) Regardless of the method used, the request must include all of 
the information required by paragraph (c) of this section.
    (f) OPM may approve an agency's request for voluntary early 
retirement authority to cover the entire period of the substantial 
delayering, reorganization, reduction in force, transfer of function, 
or other workforce restructuring or reshaping described by

[[Page 33279]]

the agency, or the initial portion of that period with a requirement 
for subsequent information and justification if the period covers 
multiple years.
    (g) After OPM approves an agency's request, the agency must 
immediately notify OPM of any subsequent changes in the conditions that 
served as the basis for the approval of the voluntary early retirement 
authority. Depending upon the circumstances involved, OPM will modify 
the authority as necessary to better suit the agency's needs.
    (h) The agency may further limit voluntary early retirement offers 
based on:
    (1) An established opening and closing date for the acceptance of 
applications that is announced to employees at the time of the offer; 
or
    (2) The acceptance of a specified number of applications for 
voluntary early retirement, provided that, at the time of the offer, 
the agency notified employees that it retained the right to limit the 
number of voluntary early retirements.
    (i) Within the timeframe specified for its approved voluntary early 
retirement authority, the agency may subsequently establish a new or 
revised closing date, or reduce or increase the number of early 
retirement applications it will accept, if management's downsizing and/
or reshaping needs change. If the agency issues a revised closing date, 
or a revised number of applications to be accepted, the new date or 
number of applications must be announced to the same group of employees 
included in the original announcement. If the agency issues a new 
window period with a new closing date, or a new instance of a specific 
number of applications to be accepted, the new window period or number 
of applications to be accepted may be announced to a different group of 
employees as long as they are covered by the approved voluntary early 
retirement authority.
    (j) Chapter 43 of title 38, United States Code, requires that 
agencies treat employees on military duty, for all practical purposes, 
as though they were still on the job. Further, employees are not to be 
disadvantaged because of their military service. In accordance with 
these provisions, employees on military duty who would otherwise be 
eligible for an offer of voluntary early retirement will have 30 days 
following their return to duty to either accept or reject an offer of 
voluntary early retirement. This will be true even if the voluntary 
early retirement authority provided by OPM has expired.
    (k) An employee who separates from the service voluntarily after 
completing 25 years of service, or becoming age 50 and completing 20 
years of service, is entitled to an annuity if, on the date of 
separation, the employee:
    (1) Is serving in a position covered by a voluntary early 
retirement offer; and
    (2) Meets the following conditions which are covered in 5 U.S.C. 
8336(d)(2):
    (i) Has been employed continuously, by the agency in which the 
employee is serving, for at least the 31-day period ending on the date 
on which such agency requests the determination referred to in section 
831.114(b);
    (ii) Is serving under an appointment that is not time limited;
    (iii) Has not been duly notified that such employee is to be 
involuntarily separated for misconduct or unacceptable performance;
    (iv) Is separated from the service voluntarily during a period in 
which, as determined by the Office of Personnel Management (upon 
request of the agency) under regulations prescribed by the Office:
    (A) Such agency (or, if applicable, the component in which the 
employee is serving) is undergoing substantial delayering, substantial 
reorganization, substantial reductions in force, substantial transfer 
of function, or other substantial workforce restructuring (or shaping);
    (B) A significant percentage of employees servicing in such agency 
(or component) are likely to be separated or subject to an immediate 
reduction in the rate of basic pay (without regard to subchapter VI of 
chapter 53, or comparable provisions); or
    (C) Identified as being in positions which are becoming surplus or 
excess to the agency's future ability to carry out its mission 
effectively; and
    (v) As determined by the agency under regulations prescribed by the 
Office, is within the scope of the offer of voluntary early retirement, 
which may be made based on the following criteria:
    (A) 1 or more organizational units;
    (B) 1 or more occupational series or levels;
    (C) 1 or more geographical locations;
    (D) Specific periods;
    (E) Skills, knowledge, or other factors related to a position; or
    (F) Any appropriate combination of such factors.
    (l) Agencies are responsible for ensuring that employees are not 
coerced into voluntary early retirement. If an agency finds any 
instances of coercion, it must take appropriate corrective action.
    (m) Except as provided in paragraph (j) of this section, an agency 
may not offer or process voluntary early retirements beyond the stated 
expiration date of a voluntary early retirement authority or offer 
early retirements to employees who are not within the scope of the 
voluntary early retirement authority approved by OPM.
    (n) OPM may terminate a voluntary early retirement authority if it 
determines that the condition(s) that formed the basis for the approval 
of the authority no longer exist.
    (o) OPM may amend, limit, or terminate a voluntary early retirement 
authority to ensure that the requirements of this subpart are properly 
being followed.
    (p) Agencies must provide OPM with interim and final reports for 
each voluntary early retirement authority, as covered in OPM's approval 
letter to the agency. OPM may suspend or cancel a voluntary early 
retirement authority if the agency is not in compliance with the 
reporting requirements or reporting schedule specified in OPM's 
voluntary early retirement authority approval letter.

PART 842--FEDERAL EMPLOYEES RETIREMENT SYSTEM--BASIC ANNUITY

0
3. The authority citation for part 842 is revised to read as follows:

    Authority: 5 U.S.C. 8461(g); Secs. 842.104 and 842.106 also 
issued under 5 U.S.C. 8461(n); Sec. 842.104 also issued under 
sections 3 and 7(c) of Pub. L. 105-274, 112 Stat. 2419; Sec. 842.105 
also issued under 5 U.S.C. 8402(c)(1) and 7701(b)(2); Sec. 842.106 
also issued under section 102(e) of Pub. L. 104-8, 109 Stat. 102, as 
amended by section 153 of Pub. L. 104-134, 110 Stat. 1321; Sec. 
842.107 also issued under sections 11202(f), 11232(e), and 11246(b) 
of Pub. L. 105-33, 111 Stat. 251; Sec. 842.107 also issued under 
section 7(b) of Pub. L. 105-274, 112 Stat. 2419; Sec. 842.108 also 
issued under section 7(e) of Pub. L. 105-274, 112 Stat. 2419; Sec. 
842.213 also issued under 5 U.S.C. 8414(b)(1)(B) and section 
1313(b)(5) of Pub. L. 107-296, 116 Stat. 2135; Secs. 842.604 and 
842.611 also issued under 5 U.S.C. 8417; Sec. 842.607 also issued 
under 5 U.S.C. 8416 and 8417; Sec. 842.614 also issued under 5 
U.S.C. 8419; Sec. 842.615 also issued under 5 U.S.C. 8418; Sec. 
842.703 also issued under section 7001(a)(4) of Pub. L. 101-508, 104 
Stat. 1388; Sec. 842.707 also issued under section 6001 of Pub. L. 
100-203, 101 Stat. 1300; Sec. 842.708 also issued under section 4005 
of Pub. L. 101-239, 103 Stat. 2106 and section 7001 of Pub. L. 101-
508, 104 Stat. 1388; subpart H also issued under 5 U.S.C. 1104; Sec. 
842.810 also issued under Appendix C to Pub. L. 106-554, 114 Stat. 
2763A-125.

Subpart B--Eligibility

0
4. Section 842.213 is revised to read as follows:

[[Page 33280]]

Sec.  842.213  Voluntary early retirement-substantial delayering, 
reorganization, reduction in force, transfer of function, or other 
workforce restructuring.

    (a) A specific designee is defined as a senior official within an 
agency who has been specifically designated to sign requests for 
voluntary early retirement authority under a designation from the head 
of the agency. Examples include a Chief Human Capital Officer, an 
Assistant Secretary for Administration, a Director of Human Resources 
Management, or other official.
    (b) An agency's request for voluntary early retirement authority 
must be signed by the head of the agency or by a specific designee.
    (c) The request must contain the following information:
    (1) Identification of the agency or specified component(s) for 
which the authority is being requested;
    (2) Reasons why the agency needs voluntary early retirement 
authority. This must include a detailed summary of the agency's 
personnel and/or budgetary situation that will result in an excess of 
personnel because of a substantial delayering, reorganization, 
reduction in force, transfer of function, or other workforce 
restructuring or reshaping, consistent with agency human capital goals;
    (3) The date on which the agency expects to effect the substantial 
delayering, reorganization, reduction in force, transfer of function, 
or other workforce restructuring or reshaping;
    (4) The time period during which the agency plans to offer 
voluntary early retirement;
    (5) The total number of non-temporary employees in the agency (or 
specified component(s));
    (6) The total number of non-temporary employees in the agency (or 
specified component(s)) who may be involuntarily separated, downgraded, 
transferred, or reassigned as a result of the substantial delayering, 
reorganization, reduction in force, transfer of function, or other 
workforce restructuring or reshaping;
    (7) The total number of employees in the agency (or specified 
component(s)) who are eligible for voluntary early retirement;
    (8) An estimate of the total number of employees in the agency (or 
specified component(s)) who are expected to retire early during the 
period covered by the request for voluntary early retirement authority; 
and
    (9) A description of the types of personnel actions anticipated as 
a result of the agency's need for voluntary early retirement authority. 
Examples include separations, transfers, reassignments, and 
downgradings.
    (d) OPM will evaluate a request for voluntary early retirement 
based on:
    (1) A specific request to OPM from the agency for voluntary early 
retirement authority;
    (2) A voluntary separation incentive payment implementation plan, 
as discussed in part 576, subpart A, of this chapter, which must 
outline the intended use of the incentive payments and voluntary early 
retirement; or
    (3) The agency's human capital plan, which must outline its 
intended use of voluntary separation incentive payments and voluntary 
early retirement authority, and the changes in organizational structure 
it expects to make as the result of projected separations and early 
retirements.
    (e) Regardless of the method used, the request must include all of 
the information required by paragraph (c) of this section.
    (f) OPM may approve an agency's request for voluntary early 
retirement authority to cover the entire period of the substantial 
delayering, reorganization, reduction in force, transfer of function, 
or other workforce restructuring or reshaping described by the agency, 
or the initial portion of that period with a requirement for subsequent 
information and justification if the period covers multiple years.
    (g) After OPM approves an agency's request, the agency must 
immediately notify OPM of any subsequent changes in the conditions that 
served as the basis for the approval of the voluntary early retirement 
authority. Depending upon the circumstances involved, OPM will modify 
the authority as necessary to better suit the agency's needs.
    (h) The agency may further limit voluntary early retirement offers 
based on:
    (1) An established opening and closing date for the acceptance of 
applications that is announced to employees at the time of the offer; 
or
    (2) The acceptance of a specified number of applications for 
voluntary early retirement, provided that, at the time of the offer, 
the agency notified employees that it retained the right to limit the 
number of voluntary early retirements.
    (i) Within the timeframe specified for its approved voluntary early 
retirement authority, the agency may subsequently establish a new or 
revised closing date, or reduce or increase the number of early 
retirement applications it will accept, if management's downsizing and/
or reshaping needs change. If the agency issues a revised closing date, 
or a revised number of applications to be accepted, the new date or 
number of applications must be announced to the same group of employees 
included in the original announcement. If the agency issues a new 
window period with a new closing date, or a new instance of a specific 
number of applications to be accepted, the new window period or number 
of applications to be accepted may be announced to a different group of 
employees as long as they are covered by the approved voluntary early 
retirement authority.
    (j) Chapter 43 of title 38, United States Code, requires that 
agencies treat employees on military duty, for all practical purposes, 
as though they were still on the job. Further, employees are not to be 
disadvantaged because of their military service. In accordance with 
these provisions, employees on military duty who would otherwise be 
eligible for an offer of voluntary early retirement will have 30 days 
following their return to duty to either accept or reject an offer of 
voluntary early retirement. This will be true even if the voluntary 
early retirement authority provided by OPM has expired.
    (k) An employee who separates from the service voluntarily after 
completing 25 years of service, or becoming age 50 and completing 20 
years of service, is entitled to an annuity if, on the date of 
separation, the employee:
    (1) Is serving in a position covered by a voluntary early 
retirement offer; and
    (2) Meets the following conditions which are covered in 5 U.S.C. 
8414(b)(1)(B):
    (i) Has been employed continuously, by the agency in which the 
employee is serving, for at least the 31-day period ending on the date 
on which such agency requests the determination referred to in section 
842.213(b);
    (ii) Is serving under an appointment that is not time limited;
    (iii) Has not been duly notified that such employee is to be 
involuntarily separated for misconduct or unacceptable performance;
    (iv) Is separated from the service voluntarily during a period in 
which, as determined by the Office of Personnel Management (upon 
request of the agency) under regulations prescribed by the Office:
    (A) Such agency (or, if applicable, the component in which the 
employee is serving) is undergoing substantial delayering, substantial 
reorganization, substantial reductions in force, substantial transfer 
of function, or other substantial workforce restructuring (or shaping);
    (B) A significant percentage of employees servicing in such agency 
(or

[[Page 33281]]

component) are likely to be separated or subject to an immediate 
reduction in the rate of basic pay (without regard to subchapter VI of 
chapter 53, or comparable provisions); or
    (C) Identified as being in positions which are becoming surplus or 
excess to the agency's future ability to carry out its mission 
effectively; and
    (v) As determined by the agency under regulations prescribed by the 
Office, is within the scope of the offer of voluntary early retirement, 
which may be made based on the following criteria:
    (A) 1 or more organizational units;
    (B) 1 or more occupational series or levels;
    (C) 1 or more geographical locations;
    (D) Specific periods;
    (E) Skills, knowledge, or other factors related to a position; or
    (F) Any appropriate combination of such factors.
    (l) Agencies are responsible for ensuring that employees are not 
coerced into voluntary early retirement. If an agency finds any 
instances of coercion, it must take appropriate corrective action.
    (m) Except as provided in paragraph (j) of this section, an agency 
may not offer or process voluntary early retirements beyond the stated 
expiration date of a voluntary early retirement authority or offer 
early retirements to employees who are not within the scope of the 
voluntary early retirement authority approved by OPM.
    (n) OPM may terminate a voluntary early retirement authority if it 
determines that the condition(s) that formed the basis for the approval 
of the authority no longer exist.
    (o) OPM may amend, limit, or terminate a voluntary early retirement 
authority to ensure that the requirements of this subpart are properly 
being followed.
    (p) Agencies must provide OPM with interim and final reports for 
each voluntary early retirement authority, as covered in OPM's approval 
letter to the agency. OPM may suspend or cancel a voluntary early 
retirement authority if the agency is not in compliance with the 
reporting requirements or reporting schedule specified in OPM's 
voluntary early retirement authority approval letter.

[FR Doc. 04-13484 Filed 6-9-04; 5:03 pm]
BILLING CODE 6325-39-P