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Phased — or fazed — retirement flop?

from Federal News Radio

When it comes to programs designed to benefit federal workers and the taxpayers too, the dud-of-the-decade, the biggest loser may be the highly touted phased retirement program launched six years ago. Like the good ship Titanic, it was launched as the best of the best. Phased retirement was billed as a solution to the impending brain drain, which has been expected since the late 1990s and which threatened to leave Uncle Sam dumber than a bag of hammers. more


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