Question
What are the reporting requirements related to retention incentives?
Answer
By March 31 in each of the years 2006 through 2010, each agency must submit a written report to OPM on the use of the retention incentive authority within the agency during the previous calendar year for use in compiling an OPM report to Congress, as required by section 101(c) of Public Law 108-411. Each agency report must include—
- A description of how the authority to pay retention incentives was used by the agency during the previous calendar year;
- The number and dollar amount of retention incentives paid during the previous calendar year by occupational series and grade, pay level, or other pay classification; and
- Other information, records, reports, and data as OPM may require.
(See 5 CFR 575.313(b).)