Today, the National Labor Relations Board (NLRB) announced that it will offer voluntary early retirement and voluntary separation to employees holding eligible positions in designated locations within the Agency.
The agency requested and obtained both Voluntary Early Retirement Authority (VERA) and Voluntary Separation Incentive Payments (VSIP) authority in order to better manage its caseload and workforce needs.
For years, the deficits caused by flat funding of the agency have been primarily addressed by voluntary personnel attrition. As a result, the NLRB has an imbalance in staffing in both headquarters and the NLRB’s regional offices.
To ensure that the agency is able to carry out its critical mission, the NLRB is utilizing the VERA and VSIP to realign staffing with office caseloads. In addition to addressing the agency’s current staffing imbalance, utilization of VERA and VSIP will enable the NLRB to reallocate its limited resources and to, among other things, provide employees with the tools they need, including training and improvements in technology.
VERA changes the normal retirement eligibility to allow employees to voluntarily retire earlier, with an immediate annuity, with 20 years of service at age 50, or at 25 years of service regardless of age. VSIP provides a financial incentive for employees to voluntarily separate by optional retirement, voluntary early retirement, or resignation. The NLRB is offering both VERA and VSIP opportunities only to employees in targeted job categories.
Applying for these opportunities is entirely voluntary and applications from employees in eligible positions will be processed in the order they are received.