TARGETED VOLUNTARY SEPARATION PACKAGES

In reply to various members (Estimates Committees A and B).

The Hon. J.J. SNELLING (Playford—Treasurer, Minister for Workers Rehabilitation, Minister for Defence Industries, Minister for Veterans' Affairs): TVSPs have been available since 1 November, 2010. Agencies report that as at 30 June, 2011, 430 employees separated either through TVSPs, or early termination payments to executives as a consequence of a savings measure.

The number of TVSPs that agencies ultimately offer in each financial year will be influenced by the extent to which FTE reductions are achieved through means other than TVSPs (for example, natural attrition); the timing of FTE reductions; the number of TVSPs offered for reorganisations not related to the savings measures; and the rate of uptake of TVSPs by those employees who are made an offer.

Thus, it is not possible in advance to determine, for each agency, how many TVSPs will be offered for the financial years 2011-12, 2012-13, 2013-14 and 2014-15.