• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

HHS employees offered $25k as ‘incentive to voluntarily separate’

by March 10, 2025
written by March 10, 2025

Health and Human Services Department (HHS) employees have been offered up to $25,000 to part ways with the agency in order to help it downsize under President Donald Trump’s plans to shrink the federal workforce.

In the email sent on Friday, the HHS, which is led by Secretary Robert F. Kennedy, Jr., said it has received authorization from the Office of Personnel Management (OPM) to offer Voluntary Separation Incentive Payments.

The OPM ‘allows agencies that are downsizing or restructuring to offer employees lump-sum payments up to $25,000 as an incentive to voluntarily separate,’ according to the email. This incentive is aimed at those who are in surplus positions or have skills that are no longer needed within their department.

 

The payment is available to most employees within the HHS, which includes the Centers for Disease Control and Prevention (CDC), Centers for Medicare & Medicaid Services (CMS), Food and Drug Administration (FDA) and the National Institutes of Health (NIH).

Employees also have the option to take the payment if they are eligible for optional or early retirement, according to the OPM’s website.

 

‘By allowing employees to volunteer to leave the Government, agencies can minimize or avoid involuntary separations through the use of costly and disruptive reductions in force,’ the website stated.

There are around 80,000 people currently working for the HHS in some capacity, according to the Equal Employment Opportunity Commission.

The offer becomes available on Monday and forms must be submitted to local HR offices by Friday at 5 p.m.

The HHS is the second-costliest federal agency and accounts for 20.6% of America’s budget for Fiscal Year 2025 with $2.4 trillion in budgetary resources, according to USASpending.gov. Most of that money is spent by the Centers for Medicaid and Medicare Services.

The only agency with more spending power is the Department of the Treasury.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Romania blocks frontrunner from postponed presidential race
next post
HHS employees offered $25K as ‘incentive to voluntarily separate’

related articles

Two men convicted in Pennsylvania mayoral race election...

June 19, 2025

Flaring Iran nuclear crisis provides first major test...

June 19, 2025

Top Trump ally predicts Senate will blow past...

June 19, 2025

‘Instincts for restraint’: Senate divided over who gets...

June 19, 2025

Trump downplays signs of MAGA unrest over possible...

June 19, 2025

Vance defends Gabbard as ‘critical part’ of Trump...

June 18, 2025

Ilhan Omar claims no one has ‘attacked Americans,’...

June 18, 2025

‘Squad’ members, GOP lawmaker join forces to reject...

June 18, 2025

Poll position: Where Trump stands in the eyes...

June 18, 2025

GOP says Dems admit ‘guilt’ in Biden health...

June 18, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

    February 22, 2025
  • HHS halts work at high-risk infectious disease lab following repeated safety violations

    May 1, 2025
  • Kennedy Center shake-up will usher in ‘Golden Age of the Arts’ under Trump, Ric Grenell previews

    February 22, 2025
  • How Trump, AG Bondi can persuade Democrats to abandon lawfare

    January 30, 2025
  • SafeMoon and Litecoin: Targets and Prices for Tuesday

    October 8, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,998)
  • Investing (634)
  • Stock (809)

Latest Posts

  • Greenland PM slams upcoming visit from Usha Vance as ‘very aggressive’ provocation: report

    March 24, 2025
  • Trump brings back Diet Coke button to White House Oval Office

    January 21, 2025
  • NVIDIA stock rebounds 2.5% on Friday as analysts remain bullish

    April 11, 2025

Recent Posts

  • House GOP leaders demand accountability on Trump assassination attempt: ‘So many questions’

    July 18, 2024
  • DR. MARC SIEGEL: Make America Healthy Again needs bipartisan support

    January 27, 2025
  • Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines

    March 7, 2025

Editor’s Pick

  • Russia reduces sentence for American Robert Woodland, who was convicted on drug charges

    April 22, 2025
  • CVS is under pressure and considering a breakup. Here’s why that could be risky

    October 5, 2024
  • Veterans groups urge Trump admin to continue Afghan ally support program amid budget cut concerns

    April 29, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock