• Privacy Policy
  • Terms & Conditions
Truth of Financial World
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
Truth of Financial World
No Result
View All Result
Home Politics

HHS employees offered $25k as ‘incentive to voluntarily separate’

March 10, 2025
in Politics
HHS employees offered $25k as ‘incentive to voluntarily separate’
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Health and Human Services Department (HHS) employees have been offered up to $25,000 to part ways with the agency in order to help it downsize under President Donald Trump’s plans to shrink the federal workforce.

In the email sent on Friday, the HHS, which is led by Secretary Robert F. Kennedy, Jr., said it has received authorization from the Office of Personnel Management (OPM) to offer Voluntary Separation Incentive Payments.

The OPM ‘allows agencies that are downsizing or restructuring to offer employees lump-sum payments up to $25,000 as an incentive to voluntarily separate,’ according to the email. This incentive is aimed at those who are in surplus positions or have skills that are no longer needed within their department.

 

The payment is available to most employees within the HHS, which includes the Centers for Disease Control and Prevention (CDC), Centers for Medicare & Medicaid Services (CMS), Food and Drug Administration (FDA) and the National Institutes of Health (NIH).

Employees also have the option to take the payment if they are eligible for optional or early retirement, according to the OPM’s website.

 

‘By allowing employees to volunteer to leave the Government, agencies can minimize or avoid involuntary separations through the use of costly and disruptive reductions in force,’ the website stated.

There are around 80,000 people currently working for the HHS in some capacity, according to the Equal Employment Opportunity Commission.

The offer becomes available on Monday and forms must be submitted to local HR offices by Friday at 5 p.m.

The HHS is the second-costliest federal agency and accounts for 20.6% of America’s budget for Fiscal Year 2025 with $2.4 trillion in budgetary resources, according to USASpending.gov. Most of that money is spent by the Centers for Medicaid and Medicare Services.

The only agency with more spending power is the Department of the Treasury.

This post appeared first on FOX NEWS

Previous Post

Russia’s goals are unchanged, Zelensky says, as strikes kill 11 in eastern Ukraine

Next Post

Weeks after Epstein file fallout, a new deadline looms in the release of the RFK and MLK files

Next Post
Weeks after Epstein file fallout, a new deadline looms in the release of the RFK and MLK files

Weeks after Epstein file fallout, a new deadline looms in the release of the RFK and MLK files

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Giving Putin the Donbas would hand Moscow powerful leverage over Kyiv’s financial survival

    Giving Putin the Donbas would hand Moscow powerful leverage over Kyiv’s financial survival

    August 21, 2025
    Elon Musk halts plans for new political party, prioritizing business instead: report

    Elon Musk halts plans for new political party, prioritizing business instead: report

    August 21, 2025
    Ukraine’s stolen children crisis looms large as NATO meets on Russia’s war

    Ukraine’s stolen children crisis looms large as NATO meets on Russia’s war

    August 21, 2025
    Duffy’s DOT accuses Biden, Buttigieg of inflating air traffic controller pipeline: ‘Juiced the numbers’

    Duffy’s DOT accuses Biden, Buttigieg of inflating air traffic controller pipeline: ‘Juiced the numbers’

    August 21, 2025

    Disclaimer: truthoffinancialworld.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Browse by Category

    • Business
    • Politics
    • Science
    • World News

    Recent News

    Giving Putin the Donbas would hand Moscow powerful leverage over Kyiv’s financial survival

    Giving Putin the Donbas would hand Moscow powerful leverage over Kyiv’s financial survival

    August 21, 2025
    Elon Musk halts plans for new political party, prioritizing business instead: report

    Elon Musk halts plans for new political party, prioritizing business instead: report

    August 21, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved

    No Result
    View All Result
    • World News
    • Politics
    • Science
    • Business

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved