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Wednesday, October 19, 2011

More Buyouts Offered At Agriculture Department

More buyouts and early outs are being offered at the the Agriculture Department — this time to nearly 2,000 employees in the Rural Development division, GovExec reports. A USDA memo cites tight 2012 budgets as the motivation behind the latest round of belt tightening. Employees who accept the buyouts can receive a up to 25,000 dollars. That can be combined with early retirements for all eligible employees, the memo says. Employees have until Oct. 31st to accept, and must retire no later than Dec. 3. USDA offered more then 500 buyouts back in May.

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