The U.S. Securities and Exchange Commission is offering some employees $50,000 if they choose to resign or to retire under an early retirement program, according to an agency memo seen by Reuters.

Following the recent trend of federal agencies laying off thousands of employees, the US Securities and Exchange Commission (SEC) has asked its employees to retire or resign. The SEC attached a $50K incentive for its employees in what the financial regulator is calling a “voluntary early retirement” program.

SEC commissioner Greg Sankey is in favor of a nine-game conference schedule. But College Football Playoff bids are a concern.

SEC commissioner Greg Sankey confirmed Monday that he’s in favor of his conference going to a nine-game football schedule. That declaration, the furthest Sankey has seemed to go publicly, came with a caveat: as long as it doesn’t hurt SEC teams trying to get in the College Football Playoff.

SEC commissioner Greg Sankey made his hopes clear Monday. He's in favor of the conference moving from eight games to a nine-game SEC slate, but worries about potential fallout from a schedule shift. The SEC will play an eight-game schedule next season,