USPS offers $15,000 retirement incentive to clerks and mailhandlers

USPS News Link Extra: "We have an opportunity to improve efficiency in mail processing operations in plants and Post Offices around the country while maintaining very high levels of service. We met with the leadership of the American Postal Workers Union (APWU) and National Postal Mail Handlers Union (NPMHU) to discuss alternatives to achieve operational changes with the least amount of disruption to impacted employees. We concluded that a one-time cash retirement incentive was the best first step in the operational transition. The subsequent negotiated agreement creates an opportunity for select full-time employees to receive a $15,000 incentive to retire or resign. The $15,000 incentive will be paid in two installments, depending on retirement or separation date. Most employees will receive $10,000 in November 2009 and $5,000 approximately one year later."

ORGANIZATIONAL CHANGES AND VERA TIMELINES UPDATED

USPS News Link Extra: "ORGANIZATIONAL CHANGES AND VERA TIMELINES UPDATED"

USPS has released an updated timetable for employees affected by the recently announced staffing reductions and district closings and for those who are considering the Postal Service’s voluntary early retirement (VER) offer.

VERA Extended for rural carriers

Rural Carrier Updates: VERA Extended for rural carriers

Current VER Offering

Current VER Offering: "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."

Flashback: Postal 1992 VER Cost $1.01 Billion

PostalReporter.com Blog � Flashback: Postal 1992 VER Cost $1.01 Billion

Early Out/VERA Timeline for rural carriers

http://www.divshare.com/direct/5354960-d6f.pdf

USPS: Buyouts not an option

Rural Mail Carrier Postal News: USPS: Buyouts not an option