Today, the National Labor Relations Board (“NLRB” or “the Agency”)
announced that it will offer voluntary early retirement and voluntary
separation to employees holding eligible positions in designated
locations within the Agency.
The Agency requested and obtained both Voluntary Early Retirement
Authority (VERA) and Voluntary Separation Incentive Payments (VSIP)
authority in order to better manage its caseload and workforce needs.
For years, the deficits caused by flat funding of the Agency have been
primarily addressed by voluntary personnel attrition. As a result, the
NLRB has an imbalance in staffing in both headquarters and the NLRB’s
regional offices. To ensure that the Agency is able to carry out its
critical mission, the NLRB is utilizing the VERA and VSIP to realign
Agency staffing with office caseloads. In addition to addressing the
Agency’s current staffing imbalance, utilization of VERA and VSIP will
enable the Agency to reallocate its limited resources and to, among
other things, provide employees with the tools they need, including
training and improvements in technology.
VERA changes the normal retirement eligibility to allow employees to
voluntarily retire earlier, with an immediate annuity, with 20 years of
service at age 50, or at 25 years of service regardless of age. VSIP
provides a financial incentive for employees to voluntarily separate by
optional retirement, voluntary early retirement, or resignation. The
NLRB is offering both VERA and VSIP opportunities only to employees in
targeted job categories. Applying for these opportunities is entirely
voluntary and applications from employees in eligible positions will be
processed in the order they are received.
For more information contact us at:
http://beverlyhillsemploymentlaw.com/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment