USPS authorized to offer additional voluntary early retirements

The Postal Service has received additional approval from the Office of Personnel Management (OPM) to offer voluntary early retirement to all eligible employees in Motor Vehicle, Maintenance (excluding Electronic Technicians), Rural and City Carriers, Field EAS and Postmasters. 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.

The Postal Service has already received approval from the OPM to make a similar offer to eligible employees in clerk, mail handler, supervisor of distribution operations and supervisor of customer services positions, as well as all eligible Headquarters and Headquarters-related employees — that includes service centers, organizational units and Area offices — in EAS and PCES positions.

USPS is shifting operations in a continuing effort to improve efficiency and manage costs. The Postal Service’s objective is to remain a viable organization well into the future and to continue to provide universal service at reasonable rates.

Details of the program are still being developed and will be announced soon. Once they are announced, they will be posted to the VERA website on Blue and LiteBlue.

No incentive package will be offered for employees who choose early retirement.

source: USPS News Link