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CPM 2007-10

November 16, 2007

MEMORANDUM FOR HUMAN RESOURCES DIRECTORS

FROM:

NANCY H. KICHAK
ASSOCIATE DIRECTOR
STRATEGIC HUMAN RESOURCES POLICY

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 http://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.