Updated Voluntary retirement incentive USPS also has announced a Voluntary Early Retirement (VER) and Special Incentive Offer for the nation’s 21,000 Postmasters. The offer consists of a one-time, $20,000 cash incentive, payable in two installments. Postmasters who want to leave under the VER — as well as Postmasters who have reached their minimum retirement age […]
WASHINGTON (AP) — The struggling U.S. Postal Service is trying to tamp down concern over its wide-scale cuts, saying it will seek to keep hundreds of rural post offices open with shorter hours. Postmaster General Patrick Donahoe tells a news conference the new plan will save the mail agency half a billion dollars each year […]
GET ON WITH IT Something doesn’t add up. Congress has introduced legislation authorizing the use of the retirement overpayment as incentives for eligible employees to retire. The postmaster general repeatedly tells everyone who will listen that he plans to reduce the work force through voluntary retirements without replacing the employees, while tens of thousands of eligible […]
Postmasters to receive an important nationwide announcement this evening, with details to follow tomorrow. Today, the Postal Service announced a final Postmaster Pay Package for FY- 2011-2015. After spending more time consulting on the extended pay talks than was spent on the original consultation process, improvements to the previously announced package were achieved. While the […]
(05/08/12) The APWU has reached a Step 4 settlement [PDF] with the Postal Service that clarifies language in the 2006 Collective Bargaining Agreement (CBA) regarding the eligibility of Maintenance Craft employees who were detailed to non-bargaining unit positions to obtain preferred duty assignments, Maintenance Director Steve Raymer has announced. To be eligible for different duty […]
USPS OIG: Employee Retirement Options -Management Advisory Report WHY THE OIG DID THE AUDIT: This report responds to a request from the postmaster general. The Postal Service is analyzing the options available for early retirement as it looks to reduce the size of its workforce. Our objective was to evaluate and describe information on retirement […]
Current moratorium on closings ends May 15 May 7, 2012 Washington, DC – Senator Jim Webb (D-VA) and other senators have asked Postmaster General Patrick Donahoe to extend the moratorium on the closing of post office and mail processing facilities until Congress approves reform legislation. The current moratorium ends May 15, 2012. “For those in […]
USPS is ending its relationship with Chase Bank USA for Postal Employees Platinum Visa Credit Card effective June 29, 2012. The website postalemployeevisa.com is no longer working. The image below is copy of how the website appeared several years ago.
Washington, DC – Today Congressman Adrian Smith (R-NE) released the following statement after he and sixteen Members of Congress sent a letter to Speaker John Boehner and Minority Leader Nancy Pelosi regarding the Postal Service targeting rural postal facilities as a means of addressing its massive budget shortfall: “There is no question the Postal Service must […]
Over the past year, employees have been bombarded with information about the expectation that the Postal Service would offer a $25,000 incentive to those eligible to retire. This message has been targeted at the more than 100,000 employees who have reached eligibility and it is assumed that an incentive will inspire them to pull the […]