FDIC Offers Voluntary Retirement and Early Separation Program — 2020-03-05

Incentive is designed to reshape agency to meet future skills needs and enhance preparedness WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced it will offer voluntary retirement and early separation opportunities to approximately 20 percent of its employees to help reshape the agency's workforce for the future and to enhance preparedness. Over the past year, the FDIC has undertaken a number of reviews to assess organizational effectiveness and preparedness. One critical finding is that 42 percent of the FDIC's workforce is eligible for retirement within five years, which could deplete the FDIC's institutional experience and knowledge, especially during a crisis.