As reported earlier USPS is offering early out retirement to employees in selected offices. Below is a snippet of the VER offer in the mail or received by some employees:

The U.S. Postal Service has received approval from the U.S. Office of Personnel Management (OPM) under its Voluntary Early Retirement Authority (VERA) to offer Voluntary Early Retirement (VER) to career EAS and specifically identified bargaining career employees in the San Francisco and Bay Valley districts facilities, including plants and post offices. You are receiving the enclosed package because you have been identified to be VER eligible.

In addition to the enclosed package, you will also receive an annuity estimate, which will be mailed on or about April 9, 2010. This annuity estimate is based upon a June 30, 2010, retirement date. Please review the information in the annuity estimate along with the information provided in this package carefully before making your decision to elect to accept the VER offer.

IMPORTANT: These documents must be postmarked no later than 8:30 PM ET on Friday, May
21, 2010.