APWU-represented employees who retire or separate on or before Nov. 30, 2009, will receive a monetary incentive of $15,000, in accordance with an agreement negotiated by the union. The incentive will be paid in two installments to eligible employees. “This agreement achieves a long-standing objective of the APWU,” said union President William Burrus. The incentive […]
The US Postal Service last year failed to promote the unique advantages of VERA to FERS employees. Attached is an actual offer from USPS of voluntary early retirement to a FERS employee that was age 56 with less than 25 years of service. Normally he would need 30 years of service to get an unreduced […]
The NALC has filed a national-level interpretive dispute with the Postal Service, charging it failed to provide mandatory retirement counseling prior to the June 19 irrevocable decision date for the latest Voluntary Early Retirement (VER) offer extended to letter carriers. “A lot of our members did not get the help they needed to make a […]
From Federal Times Fewer than 2 percent of U.S. Postal Service employees who were offered a chance at early retirement last month accepted the offer — far less than postal management expected. The Postal Service offered early retirement to 147,937 employees; they were required to make a decision by June 16, with their retirement beginning […]
APWU News The Postal Service has informed the APWU that the deadline for eligible employees who wish to apply for Voluntary Early Retirement (VER) effective June 30 or July 31 is June 19. The USPS has also designated June 19 as the “irrevocable” date, by which employees who have applied for retirement but wish to withdraw […]
ALL EMPLOYEES except Electronic Technicians (ET); Maintenance Mechanics, Mail Processing Equipment (MPE); Part-time Postmasters. The Postal Service recently received approval from the Office of Personnel Management (OPM) to offer voluntary early retirement to eligible employees nationwide. Automation and technological advances coupled with mail volume reductions has the Postal Service continuing to look for ways to […]
From National Association of Letter Carriers (NALC) The Postal Service has informed President Young that city letter carriers will be included in its new Voluntary Early Retirement offer. The timing for VER applications and deadline for action has not been set, but it will have the same terms as the 2008 “early out” program, Young […]
Organizational Changes – March 20, 2009 • The Postal Service is closing 6 of the 80 district offices, eliminating 521 positions across the country and offering early retirement to nearly 150,000 employees nationwide (excluding Electronic Technicians, MPE Maintenance Mechanics, Part-time Postmasters) • For the remaining 74 districts across the country, there will be a 15% reduction in […]
From National League of Postmasters: The VER for Postmasters, supervisors, and field EAS will be completed in just about two weeks. Approximately 2000 of these managers took advantage of this golden opportunity to leave the Postal Service early enough to build a new life with a pension to back up their dreams and plans. They’ve […]
According to the National Association of Postmasters of the US (NAPUS) VERA: The latest figures of EAS employees taking the VER are stated: Supervisor Customer Services-374 Supervisor Distribution Operations-96 Other Field EAS-581 Postmasters-928 HQ/HQ-related employees-190 The VER effective date is Tuesday, March 31, 2009. PR note: If I recall correctly […]