USPS Human Resources Report On Calculating VER Annuity

USPS National Retirement Counseling system Date 08/05/2008 HRlS Annuity Estimate as of Pay Period 16 of 2008 note: Retirement Type: Early Out 1.Estimate based on retirement effective date shown, assuming Retirement Computation Date (RCD) is correct and you have at least 5 years civilian service in addition to any military service. Office of Personnel Management […]

USPS Gets OPM Approval To Offer More VERs

ANOTHER VERA APPROVAL USPS authorized to offer more voluntary early retirements The Postal Service has received approval from the Office of Personnel Management to offer voluntary early retirement to all Headquarters and Headquarters-related employees — that includes service centers, organizational units and Area offices — in EAS and PCES positions. Details of the program are […]

USPS To Request VER Authorization For Additional Positions

In a letter to Ted Keating, President of the National Association of Postal Supervisors USPS wrote: This is in response to your recent request for consideration to include all additional EAS field  positions as part of a Voluntary Early Retirement (VER) request to Office of Personnel  Management (OPM). As you are aware, we currently have received approval […]

Postal Service Recommends VERA for Postmasters

From National League of Postmasters President Charley Mapa:  This afternoon, July 23, League President Charley Mapa was contacted by Bill Jones, HQ Labor Relations. Mr. Jones stated that, in response to the letter that his office had received from League and Napus, today the Postal Service had sent to the Office of Personnel Management (OPM) […]

NALC President Young: No Decision Yet On Extending Early Out Offer To Letter Carriers

From the National Association of Letter Carriers (NALC) President Young told delegates at the NALC Convention in Boston last week that “very little has been decided” about the possibility the Postal Service will extend to city letter carriers its pending “Voluntary Early Retirement” program for clerks, mail handlers and their supervisors. Young, who is in […]

USPS Releases Details of Early Out Offer

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 […]

Who Will Be Eligible for the Postal ‘Early-Out’ Offer?

American Postal Workers Union (APWU) News Bulletin   The Office of Personnel Management (OPM) approves requests by federal agencies and the USPS to offer Voluntary Early Retirement. According to OPM, to be eligible, employees must be at least 50 years old and have at least 20 years of creditable service, OR may be any age provided they […]