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By CityTownInfo.com Staff
February 26, 2009
Sen. Herb Kohl (D-Wis.) introduced two bills this week intended to make it easier for federal agencies to retain baby boomers and rehire retirees.
The Washington Post reports that the legislation seeks to change a federal law which cuts rehired employees' salaries by the amount of their pension payments. A second bill would encourage federal employees to work part-time, rather than retiring, by giving them prorated credit on their Civil Service Retirement System annuities.
"Giving the government the flexibility to call on retired federal workers will help slow the government's impending brain drain," Kohl, who is the chairman of the Senate Special Committee on Aging, noted in the Post. "This bill will ensure that our most experienced federal employees will be paid fairly for their continued contributions."
The introduced legislation comes at the same time that the Government Accountability Office issued a report indicating that about one-third of all federal workers will be eligible to retire in 2012, leaving behind "critical gaps in leadership, skills and institutional knowledge as fewer workers are equipped to take over."
The report notes that not all federal workers retire as soon as they are eligible, and the current economic climate will undoubtedly cause many workers to delay retirement. Nevertheless, the report cautioned that the government must be prepared for when aging baby boomers eventually leave the workforce.
The report further notes that some 46 percent of employees are eligible for retirement in 2012 at several key agencies, including the Department of Housing and Urban Development (HUD), the Department of Transportation, the Small Business Association (SBA), and United States Agency for International Development (USAID). Included at these agencies are employees in management and supervisory positions, as well as critical jobs such as air traffic controllers and administrative law judges.
The Partnership for Public Service, which is working to bring older private-sector employees into government jobs, praised the legislation.
"Under Sen. Kohl's leadership, the Senate Special Committee on Aging is doing the nation a great service by helping federal agencies tap into the extraordinary expertise of older Americans," said Max Stier, president of the organization, who was quoted in Government Executive.
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