An Economic Analysis of the Boxer Bill
TROOP SUPPORT COMMAND (ARMY) ST LOUIS MO
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The Boxer Bill presently before Congress proposes to amend title 5, United States Code to allow Federal employees within any agency undergoing a major reorganization, reduction in force, or transfer of function to be credited with an additional 4 years in age or length of service in order to encourage voluntary retirements, and for other purposes. This study applies a present value of money technique to the following options in attempting to assess Government costs if the Boxer Bill provisions were implemented 1 Immediate individual retirement under Boxer Bill provisions, or 2 Individual retirement one year later without benefit of Boxer Bill provisions. The comparison of the above options represent a favorable case for the Government, in that an Employee waiving immediate retirement is assumed to continue employment for only one more year. The conclusions, with respect to bottom line cost are 1 The Boxer Bill will provide considerable immediate first year savings to the Government, and 2 The Boxer Bill will continue to provide savings to the Government for up to 40 years.
- Administration and Management
- Government and Political Science
- Personnel Management and Labor Relations