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Q&A: Explaining OPM’s deferred resignation for federal workers

The Trump administration has released an FAQ to clarify questions around the deferred resignation offer made to federal workers this week, giving eight months’ salary to workers who opt to resign.

The Office of Personnel Management launched the FAQ page after the “Fork in the Road” memo raised questions and confusion among federal workers. The offer is an unprecedented effort to shrink the size of the federal government.

Over the weekend, the office updated its website to provide more details about the resignation offer. This article has been updated to reflect the latest information, as of Sunday night.

Here’s some highlights from the FAQ.

Which generation has the most wealth?

Owning more than you owe is the initial step toward achieving financial security. As your net worth escalates, so does your wealth. On an individual level, you have considerable control over your money, from how much you earn and borrow to the amount you save and invest. However, outside factors such as inflation, interest rates and unemployment can affect your ability to reach your wealth-building goals.
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