The Postal Service reported in December that approximately 25,500 APWU-represented employees have accepted the retirement incentive offer. The majority are eligible for optional (regular) retirement, with roughly 19 percent eligible for voluntary early retirement (VER), and less than 1 percent voluntarily resigning.
Because employees who are taking regular retirement or are resigning may revoke their decision up to the effective date of their retirement or resignation, the final tally is subject to change.
Most full-time employees will have a separation date of Jan. 31, 2013. However, full-time employees occupying Non-Traditional-Full-Time (NTFT) assignments of less than 40 hours per week and part-time employees will have a separation date of Feb. 28, 2013. Employees in Accounting Services positions of the Information Technology/Accounting Services (IT/AS) bargaining unit also will have a separation date of Feb. 28.
Employees eligible for VER had a deadline of Dec. 3, 2012, to revoke their decision, with the exception of part-time employees and full-time employees occupying NTFT assignments of less than 40 hours, who have a deadline date of Jan. 4, 2013, to revoke their decision. In the event a VER group counseling appointment was not available on or before the irrevocable date of Jan. 4, 2013, employees who submitted their VER application to Human Resource Shared Service (HRSSC) by Dec. 10, 2012, have the option of withdrawing their VER application in writing by Jan. 14, 2013.
California Postal Vehicle Service employees who have been identified as impacted by the USPS decision to subcontract PVS operations in the state have until Jan. 31, 2013, to revoke their decision, due to the arbitration over PVS subcontracting.
Incentive Payments
For those employees who have decided to retire or resign, it is important to make sure management has the address where you want your incentive payments sent. The incentive agreement stipulates that eligible employees will complete PS Form 3077, Request to Forward Salary Check [PDF], and submit it to their employing office. In the absence of the submission of PS Form 3077, both payments will be mailed to the location where employees worked before they retired or resigned.
[more retirement incentive information]