Aug 19, 2013

Are Government Policies Causing a Federal Retirement 'Brain Drain'?



"...A new online ticker from the National Active and Retired Federal Employees association claims to show the hours of institutional knowledge lost through federal-worker retirements this year, illustrating a supposed “brain drain” caused by increased retirements at a time when the government is cutting back on hiring and freezing salary rates.

The ticker showed nearly 920 million hours of lost experience in 2013 as of Sunday evening. NARFE claims retirements cost the government an average of 10,000 years of knowledge every day.

Data from the Office of Personnel Management shows that more than 82,000 federal workers have filed retirement claims since January, representing a jump of 30 percent.

The agency has said a dramatic increase in retirements this year for the financially struggling Postal Service has contributed to the rise..."

Read more at washingtonpost.com
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