It’s our good news Friday, but it seems important to summarize instead yesterday’s article by Michelle Singletary, personal finance columnist at The Washington Post, headlined “Federal workers should tell Trump ‘no deal’ on resignation offer.”
Her reasons to decline the offer that’s in a Tuesday email to workers from the federal Office of Personnel Management:
— The process is rushed. The deadline to accept the offer is Feb. 6, but among the things to consider are job opportunities in the private sector and savings to cover a possible long period of unemployment.
And “if you have an outstanding loan with the Thrift Savings Plan? You’ll have to keep making payments. If you can’t, you may have to pay income taxes on the distribution, and you could be subject to a 10 percent early withdrawal penalty tax if you’re younger than 59½.”
— There’s no guarantee you can rescind your resignation as has been permitted in the past.
According to Singletary’s analysis of OPM’s FAQs, their message is, “You can ask [for a rescission], but the answer will likely be ‘no.’”
— To resign, workers are to “Type the word ‘Resign’ into the body of this reply email. Hit ‘Send.’”
“There should be a process that is clearly spelled out before anyone is required to submit a resignation email,” Singletary says.
— The email “doesn’t explicitly state or cite any law or rule that will allow you to stay on administrative leave and still be paid until Sept. 30,” Singletary says.
And “if lawsuits emerge challenging this process and they prove successful, you may be unable to hold onto your job if you’ve already ‘voluntarily’ resigned,” she says.
— “Nothing is quite guaranteed,” Singletary says.
“Another part of the email if you hit reply would say, ‘I understand my employing agency will likely make adjustments in response to my resignation including moving, eliminating, consolidating, reassigning my position and tasks, reducing my official duties, and/or placing me on paid administrative leave until my resignation date.’”
“The OPM FAQ added, ‘Except in rare cases determined by your agency, you are not expected to work.’”
— “The purpose of this offer is to intimidate you into resigning,” Singletary says.
“‘At this time, we cannot give you full assurance regarding the certainty of your position or agency but should your position be eliminated you will be treated with dignity and will be afforded the protections in place for such positions,’ the email says.”
Singletary concludes: “This so-called volunteer decision is a trap and a travesty to those who work hard to serve the American people. I see you. I value you, and you don’t deserve to be treated like this.”
By the way, yesterday I called Social Security. I was on hold for three and a half hours. When I got through, the person I talked to seemed experienced and well trained, and I think the answer to my question was correct.
The person I talked to said Social Security employees received the resignation offer. President Trump has said Social Security will be exempt from his cuts. But after this resignation offer, how long will it take to get through to Social Security in the future, and what will the quality of the assistance be?