In a latest effort to reduce federal workforce, the Department of Health and Human Services (HHS) is offering early retirement, while the U.S. Securities and Exchange Commission (SEC) and Education Department are allowing employees to voluntarily resign or retire under new retirement programs.

HHS has received approval from the U.S. Office of Personnel Management to offer early retirement under the Voluntary Early Retirement Authority (VERA). On Monday, the department informed its employees that they could apply for early retirement within the next 10 days, according to an exclusive report by Reuters.

Eligible employees—those at least 50 years old with 20 years of federal service, or any age with 25 years of service—can apply by the Mar.14 deadline at 5 pm EST. Employees were also directed to a government website for further........

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