§ 576.102 Voluntary Separation Incentive Payment implementation plans

5 CFR 576.102(a)(a) In accordance with section 3522(b) of title 5, United States Code, a plan submitted by the head of an agency, or his or her specific designee, must include:

5 CFR 576.102(a)(1)(1) Identification of the specific positions and functions to be reduced or eliminated, identified by organizational unit, geographic location, occupational series, grade level and any other factors related to the position;

5 CFR 576.102(a)(2)(2) A description of the categories of employees who will be offered incentives identified by organizational unit, geographic location, occupational series, grade level and any other factors, such as skills, knowledge, or retirement eligibility (as discussed in implementing guidance);

5 CFR 576.102(a)(3)(3) The time period during which incentives may be paid;

5 CFR 576.102(a)(4)(4) The number and maximum amounts of Voluntary Separation Incentive Payments to be offered;

5 CFR 576.102(a)(5)(5) A description of how the agency will operate without the eliminated or restructured positions and functions;

5 CFR 576.102(a)(6)(6) A proposed organizational chart displaying the expected changes in the agency's organizational structure after the agency has completed the incentive payments;

5 CFR 576.102(a)(7)(7) A short explanation of how Voluntary Early Retirement Authority will be used in conjunction with separation incentives, if the agency has requested, or will request, that authority; and

5 CFR 576.102(a)(8)(8) A description of how Voluntary Separation Incentives offered under another statutory authority are being used, if the agency is offering incentives under any other statutory authority.

5 CFR 576.102(b)(b) When submitting a plan to OPM, the agency may submit either:

5 CFR 576.102(b)(1)(1) A specific Voluntary Separation Incentive Payment implementation plan outlining the intended use of the incentive payments, or

5 CFR 576.102(b)(2)(2) The agency's human capital plan, which outlines the intended use of the incentive payments and the expected changes in the agency's organizational structure after the agency has completed the incentive payments. If the human capital plan is submitted, it must include the information specified in paragraph (a) of this section.

5 CFR 576.102(c)(c) OPM will consult with the Office of Management and Budget regarding the plan and any subsequent modifications, and will notify the agency head in writing when the plan is approved. The review may include a consideration of costs and benefits associated with using the authority. If there are questions concerning the agency's plan, OPM reserves the right to contact the agency, inform agency staff of its concerns, and require that the agency revise the plan to bring it into conformance with these regulations. The agency must obtain OPM approval before offering incentives under this authority.