APWU News For the second day in a row, the House of Representatives approved legislation that would provide sick-leave credit to employees covered by the Federal Employees Retirement System (FERS). The “Family Smoking Prevention and Tobacco Control Act” (H.R. 1256), introduced by House Energy and Commerce Committee Chairman Henry Waxman (D-CA), incorporates the provisions of H.R. […]
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 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 […]
From Government Executive: Sen. Herb Kohl, D-Wis., introduced two bills on Tuesday to make it easier for agencies to bring back and retain retirees to meet the government’s critical workforce needs. The first bill would allow federal retirees to return to work without having their salaries reduced by the amount of their pension payments. The […]
The following is a press release from Congressman Jim Moran (D-VA) FERS Sick Leave Benefit Introduced Current “Use-it or Lose-it” Policy Wasting $68 million/yr Washington, D.C., February 10th – Congressman Jim Moran, Virginia Democrat, and Congressman Frank Wolf, Virginia Republican, introduced legislation today authored by Moran, the “FERS Sick Leave Equity Act” that provides […]
According to the Federal Times: Rep. Jim Moran, D-Va., is preparing to reintroduce a bill that would allow employees under the Federal Employees Retirement System to count unused sick leave as time toward their annuities. source: Federal Times Last year Rep. James Moran, D-VA, long a champion of retirement fairness for FERS employees, introduced the bill […]
From National League of Postmasters VER effective date change, you can elect to change the original effective date from March 31, 2009 to December 31, 2008, or January 31, 2009 or February 28, 2009. December 9, 2008 The following message is for all EAS eligible employees who received a VER Offer Letter dated November 28, […]
Summary: In offering the early-out program in 1992 , Postmaster General Marvin Runyon had hoped that 30,000 managers would retire. Instead, approximately 33,000 mail handlers, clerks and letter carriers took the offer .”For fiscal year 1992 the Service’s cost for the restructuring as reported in its audited financial statements totaled $1.01 billion. About $886 million of […]
From the National Association Of Letter Carriers (NALC) NALC President William H. Young said the union is taking no position on whether letter carriers should seek the “early out.” Such a decision must be based on each carrier’s personal circumstances, he said. “I urge anyone considering the offer to carefully consider your family’s financial situation, […]
Headquarters / Headquarters-Related EAS & PCES; Motor Vehicle; Maintenance (excluding Electronic Technicians); Rural Carriers; City Carriers 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 […]