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<classification authority="sudocs">GA 1.13:GAO-06-324</classification>
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 <subject>Early retirement</subject>
 <subject>Employee buyouts</subject>
 <subject>Federal agencies</subject>
 <subject>Strategic planning</subject>
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<titleInfo>
 <title>Human Capital: Agencies Are Using Buyouts and Early Outs with Increasing Frequency to Help Reshape Their Workforces</title>
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<abstract>Under the Chief Human Capital Officers (CHCO) Act of 2002, an
agency may request authority from the Office of Personnel	 
Management (OPM) to offer employees voluntary separation	 
incentive payments (buyouts) and voluntary early retirement	 
(early outs) to help reshape its workforce. GAO was asked to	 
identify (1) how many agencies have been granted authority to	 
offer buyouts and early outs and how often agencies used them,	 
(2) how agencies view OPM&apos;s role in facilitating the use of these
tools, (3) how agencies have used practices associated with	 
effective use of the tools, and (4) what challenges agencies	 
identified, if any, to continued effective use. To respond, GAO  
reviewed the practices of the Departments of Agriculture,	 
Commerce, Energy, Health and Human Services, Interior, and the	 
Treasury because they were among the most frequent users of these
authorities.</abstract>
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 <topic>Early retirement</topic>
 <topic>Employee buyouts</topic>
 <topic>Federal agencies</topic>
 <topic>Strategic planning</topic>
 <topic>Personnel management</topic>
 <topic>Labor force</topic>
 <topic>Federal employees</topic>
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  <title>United States Public Law 208 (104th Congress)</title>
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