Federal CFO's planning for possible retirement wave




Federal Drive with Tom Temin show

Summary: The fewest number of federal employees retired in 2020 than in any of the last 10 years. But with more than 30 percent of all federal employees eligible to retire in 2022, succession planning efforts are particularly important for agency functions like financial management which expects to be hit hard by long-time employees heading into the sunset. Federal News Network executive editor Jason Miller spoke with members of the CFO Council, who authored a recent strategy where succession planning was a key focus areas. Mike Wetklow, deputy CFO at the National Science Foundation, Ben Ficks, deputy CFO at the Nuclear Regulatory Commission and Steve Kunze, the deputy CFO at the Commerce Department—outline CFO Council plans for the future of its workforce. Learn more about your ad choices. Visit megaphone.fm/adchoices