Damian Dovarganes/AP - Many of air traffic controllers are hitting their mandatory retirement age of 56.


A wave of retirements by senior federal employees has begun rolling across the government as aging baby boomers who held on to their jobs during the economic downturn are increasingly calling it quits.
With retirement accounts on the rebound, many veteran workers are finding little reason to remain in government, especially at a time when agency budgets are being slashed, workers are being furloughed and morale is tumbling.
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About thirty percent of all executive-branch workers will be eligible to retire by 2016.
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About thirty percent of all executive-branch workers will be eligible to retire by 2016.


The exits are helping to bring down the size of the federal payroll and — where funding is available — could afford agencies the chance to hire younger workers with crucial skills. The retirement of clerks could clear the way for experts in cybersecurity and information technology.
But among those leaving are people with specific expertise that cannot easily be replaced — for instance, nuclear physicists at the Energy Department and a large cohort of air traffic controllers who were hired three decades ago. And with most hiring on hold, the departures are already reshaping agencies that cannot replace most of the retirees or mentor and train new executives.
In some corners of government, the challenge is acute. By 2016, 42 percent of the Department of Housing and Urban Development workforce will be eligible to retire. At the Small Business Administration, it’s 44 percent.
There is no mandatory retirement age for most civilian federal employees. But retiring is looking ever more attractive, employees say, with their salaries frozen for three years by Congress and public service demonized by many politicians.
“It finally got to the point where I got disillusioned,” said Richard Swensen, 60, who retired from the Agriculture Department last year after 38 years. “You get weary of the bureaucrat-bashing.”
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Today’s federal civil servants are much grayer than they were a decade ago. Their average age is 47, four years older than the overall workforce.
Retirements have fluctuated since the mid-1990s. The numbers surged when the Clinton administration offered early retirement incentives as part of a push to “reinvent government.” After the terror attacks of Sept. 11, 2011, the government ramped up its hiring for national security positions, and federal payrolls swelled.
Baby boomers began trickling out in about 2005, but the financial crisis and deep recession that hit a couple of years later discouraged many from leaving. Departures from the executive branch bottomed out in 2009. They have been increasing ever since and are on track to exceed 80,000 retirements — about 5 percent of the workforce — by the end of the fiscal year, according to figures from the Office of Personnel Management. It’s already the largest outflow in at least two decades.