John Nyce could have retired two years ago after working 30 years in federal acquisition. Instead, he became director of the Acquisition Services Directorate at the Interior Department’s National Business Center.“I’m not ready to retire. I’ve got more things to do,” Nyce said.
Nyce’s decision to stick around after 30 years is not unusual. A majority of federal acquisition employees eligible to retire aren’t retiring, according to the Federal Acquisition Institute’s “Annual Report on the Federal Acquisition Workforce.” FAI found that in fiscal 2006, 83 percent of contracting officers eligible to retire had not done so. That reflects a trend that began in 2000. Since then, the percentage of contracting officers who have eschewed retirement has hovered between 81 percent and 84 percent.
Despite that trend, agency leaders remain concerned that a large retirement wave could decimate the federal acquisition community.
Read rest of the story: FCW.com News - Many feds decide to stick around
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