My first thought was to not like it, but in retrospect, I do. This is what the private sector does, so why not? Also, government employees should realize a hard fact that their private sector counterparts already know:
An early retirement offer comes with a message. It’s the brass ring and the offer you can’t refuse. The next message is a pink slip with no early retirement.
Yep. IBM did this also. I knew dozens of people, including my own grandpa, who “voluntarily” took buy outs or retirement packages.
They were going to be gone one way or the other - so ...
Three years of employment constitutes an early retirement.