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GAO-03-779R 1 (2003-05-22)

handle is hein.gao/gaobaamez0001 and id is 1 raw text is: im & , G A 0 Comptroller General .. ..Accountability * Integrity Reliability of the United States United States General Accounting Office Washington, DC 20548 May 22, 2003 The Honorable George V. Voinovich Chairman The Honorable Richard J. Durbin Ranking Minority Member Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia Committee on Governmental Affairs United States Senate The Honorable Jo Ann Davis Chairwoman The Honorable Danny Davis Ranking Minority Member Subcommittee on Civil Service and Agency Organization Committee on Government Reform House of Representatives Subject: Posthearing Questions Related to Strategic Human Capital Management On April 8, I testified before your Subcommittees at a hearing on The Human Capital Challenge: Offering Solutions and Delivering Results.' This letter responds to requests from Chairman Voinovich, Chairwoman Davis, and Senator Carper that I provide answers to follow-up questions from the hearing. The questions, along with my responses, follow. Questions from Chairman Voinovich 1. In your testimony, you discuss the need to preserve and share an agency's institutional knowledge in light of the impending retirement wave by using various means of phased retirement. Proposed in my Federal Workforce Flexibility Act are provisions to make it more desirable for individuals to work part-time at the end of their career. What other options might Congress consider to ease this transition? There are a variety of options that should be considered; however, they all require further analysis to ensure they would be cost-effective in retaining the institutional knowledge of key employees as they approach and become eligible for retirement. 'U.S. General Accounting Office, Human Capital: Building on the Current Momentum to Address High-Risk Issues, GAO-03-637T (Washington, D.C.: Apr. 8, 2003). GAO-03-779R Human Capital

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