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Final Regulations on Retention Incentives

Friday, November 16, 2007
CPM 2007-10
MEMORANDUM FOR: 
Human Resources Directors
From: 
Nancy H. Kichak, Associate Director, SHRP
Subject: 
Final Regulations on Retention Incentives

I am pleased to inform you the U.S. Office of Personnel Management (OPM) has issued final regulations concerning retention incentives. The regulations are available at www.opm.gov/fedregis.

These final regulations permit an agency to pay a retention incentive to an employee who would be likely to leave for a different position in the Federal service before the closure or relocation of the employee's office, facility, activity, or organization.

For further information, you may contact your agency's assigned OPM Human Capital Officer. Employees should contact their agency's human resources offices for assistance.