Phased retirement participation still vastly short of initial predictions

Federal News Radio: Now roughly six years since Congress first approved it, just more than 400 federal employees have applied to the government’s once-highly-anticipated phased retirement program.

As of Aug. 1, 2018, a total 417 employees have opted into the phased retirement program at their agencies, according to Office of Personnel Management data provided to Federal News Radio. Of that total, 222 people have opted into the program, completed their agency’s requirements and have fully retired.

In tracking the program, OPM refers to the latter group of 222 employees as “composite” retirements.

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