NASA Ames offers buyouts to hundreds of employees
Original post made on Apr 29, 2009
Read the full story here Web Link posted Wednesday, April 29, 2009, 10:50 AM
on Apr 29, 2009 at 2:09 pm
*sigh*; i thought government sector would be safe - an looking to go in that science direction (currently studying geology)
on Apr 30, 2009 at 7:33 am
If experience of other federal agencies is a guide, almost all these buy-outs will be taken by employees who are planning to retire during July-December 2009 anyway. It does not make financial sense for anyone else to take it. People are better off getting laid-off because the benefits of doing so are more valuable that $25K ($16K -$17K after taxes).
on Apr 30, 2009 at 11:21 am
The government was offering $25,000 buyouts in the 80's. You would have thought they would raise the buyout for inflation, at the least make it tax free. Otherwise it's not really worth it.