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Phased retirement officially starts for feds, but don’t count on it
The Washington Post: The long-awaited authority for federal workers to phase into retirement officially begins Thursday, but it is still unclear how soon, how widely and under what conditions agencies will give their employees that opportunity.
The government now can accept applications for the hybrid arrangement designed to allow retirement-eligible employees to cut back while keeping a hand in their work. Phased retirees are to work half time while collecting half of their salaries and half of the annuities they have accumulated to that point—and spending a fifth of their working time mentoring their successors.
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