RIF Letter Holders: A Proactive Checklist

Whether a RIF is imminent or just a possibility, taking proactive steps today can give you a significant advantage. This checklist is designed to empower you by ensuring your records are in order and you are prepared for whatever comes next.

1. Gather Your Essential Documents

• eOPF: Log in to your eOPF (electronic Official Personnel File) and download your SF-50s (Notification of Personnel Action), performance appraisals, and training records. You will lose access to this after you are separated.

• Pay Stubs and W-2s: Download at least three years of pay stubs and W-2 forms. These are crucial for verifying service and calculating your "high-three" salary for retirement.

• TSP and Benefits Statements: Download or print a recent statement from your TSP and any other benefit providers (e.g., FEHB, FEGLI).

2. Update Your Professional Profile

• Resume: Update your federal resume to include your most recent experience and accomplishments. Also, create a private-sector-friendly resume.

• USAJOBS: Ensure your USAJOBS profile is up to date and your resume is ready to go.

• Networking: Start or refresh your professional network. Connect with colleagues, mentors, and contacts in other agencies or the private sector.

3. Review Your Financial Situation

• Budget: Create or review your household budget to understand your monthly expenses and identify areas where you can save.

• Emergency Fund: Ensure you have an adequate emergency fund to cover at least 3-6 months of expenses. While this may be difficult, remember that you may now qualify for unemployment benefits. We strongly recommend that you apply for unemployment benefits immediately and allow the unemployment office in the state where you worked to determine your eligibility.

• TSP Contributions: If you haven't already, consider increasing your TSP contributions, especially to at least get the full match. Reviewing your finances now gives you more control over your transition.

4. Take Advantage of Resources

• Q&A Event: We are hosting a free 1-hour Q&A event on August 6 specifically focused on "RIF'd: Now What?" from a benefits and entitlements perspective. We'll answer your questions and provide clarity on your severance, retirement options, and other key benefits. Click here to register and reserve your spot.

• HR Contact: Know who your HR representative is and how to contact them.

• OPM: The OPM website has a wealth of information on RIFs, benefits, and retirement.

• Career Transition Assistance Programs (CTAP/ICTAP): These are programs designed to help displaced employees get priority consideration for other federal jobs. Make sure you understand the eligibility requirements.

  
  

Being prepared is the best defense against the uncertainty of a RIF. By taking these steps now, you are building a foundation of knowledge and resources that will serve you well, no matter what your future holds.

Disclaimer: The information provided in this blog is for educational purposes only and is not a substitute for professional legal or financial advice. We encourage all federal employees to consult with their agency's Human Resources department, a legal professional, or a certified financial planner to discuss their specific situation.