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NASA LaRC Buyout Opportunity

Status Report From: Langley Research Center
Posted: Thursday, March 10, 2005

X-Sender: (Unverified)
To: (All Civil Service Employees at Langley Research Center)
From: "Leah M. Meisel" leah.m.meisel@nasa.gov
Subject: BUYOUT OPPORTUNITY
Date: Wed, 9 Mar 2005 16:16:13 -0500

SUBJECT: BUYOUT OPPORTUNITY

The Agency has received authority to offer buyouts at most of the Centers. Even though Langley has offered buyout opportunities twice this fiscal year, we also wanted to participate in the Agency effort, since it expands the eligible pool to positions not included in prior buyouts. Approximately 2,040 positions at the Center are included in this buyout pool. That essentially covers all employees who are General Schedule and employees who are not AST employees in the NASA Engineering and Safety Center.

The buyout/early out application window will open on Thursday, March 10, 2005 and remain open through Monday, March 21, 2005. Employees who are approved for the buyout/early-out must separate by April 3, 2005. While requests for separation dates after April 3 will be reviewed, they will be rare due to the increased costs of keeping an employee on the rolls later in the fiscal year and paying a buyout incentive. Early Out Retirement authority is also available to employees whose workforce competencies are included in the buyout pool. As Mr. Bridges has discussed in the past, FY05 is a year of "voluntary actions" such as buyouts and opportunities for reassignments to other NASA Centers. This buyout opportunity is part of the voluntary separation opportunities that employees are strongly encouraged to consider. We do not anticipate receiving permission to offer another buyout this year.

The Office of Human Capital Management (OHCM) has updated its Buyout Web Site for this buyout opportunity. http://ohr-r.larc.nasa.gov/buyout05/

This Web site contains a list of workforce competencies, skills, and organizations included in the buyout pool as well as application forms, buyout ground rules, links to annuity estimates, and a timeline of buyout deadlines and meetings.

Our office will be providing assistance to anyone who is interested in this buyout opportunity. If you are interested or would like additional information, please visit the OHCM Web site referenced above or Karen Koch at extension 49423.

Cordially,

Leah M. Meisel

Director, Office of Human Capital Management

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