The Postal Service has released details of the voluntary early retirement (VER) offer recently authorized by the Office of Personnel Management (OPM) for USPS employees in clerk, mail handler, supervisor of distribution operations and supervisor of customer services positions. This offer is open to employees in those positions who meet the OPM conditions, and who are at least 50 years of age with 20 years of creditable federal service or any age with 25 years of creditable federal service — see the FAQ for more details.

On Aug. 18, an annuity estimate will be mailed to all VER-eligible employees from Eagan, MN. In addition, on Aug. 22 a VER offer packet will be sent to all eligible employees containing a cover letter, an application and a list of questions and answers. Interested employees will have from Aug. 25 to Sept. 30 to submit their application. It’s important to note that Sept. 30 is the date when an employee’s voluntary choice to retire becomes irrevocable.

By mid-November, the Human Resources Shared Services Center (HRSSC) will notify employees as to the status of their VER application. At that time retirement counseling will be made available. Employees receiving approval will have an effective retirement date of Dec. 31.

 As a reminder, a voluntary early retirement is just that — voluntary. This timeline only applies to employees in clerk, mail handler, supervisor of distribution operations and supervisor of customer services positions who meet the eligibility requirements.

Click here for the list of frequently asked questions.

source: USPS