USPS closing bulk of plants starting in April 2015, postal employees retiring on VER in January

Some Postal Employees in USPS Western Area retiring January 31, 2015 As PostalReporter (correctly) reported in November, USPS sent out “Special Voluntary Early Retirement (VER) opportunity letters to eligible employees” at targeted post offices.  The VER letters were also sent to ” eligible employees within 50 miles” of the targeted locations. This VER (with no […]

USPS Offering Voluntary Early Retirement (VER) to Postal Clerks and Maintenance

(November 28, 2014) There is probably one Voluntary Early Retirement (VER) offer for each area.  This special VERA appears to be for the mail processing plants scheduled to close in 2015.  There is no incentive. As a matter of general interest, HRSSC is sending special Voluntary Early Retirement (VER) opportunity letters to eligible employees USPS […]

USPS Wants to Offer Eligible Postal Workers Early Retirement?

As Don Cheney pointed out: With all the other commotion going on, most eligible postal employees have overlooked this. I’m amazed anyone would retire right now without waiting to see what comes out of Congress by November 18th, the new deadline for USPS to make its $5.5 billion payment. 

USPS: Preparing For Change – What Is A Voluntary Early Retirement Authority

USPS is expected to announce that it will offer Voluntary Early Retirement to select groups of postal employees on March 25, 2011. PREPARING FOR CHANGE  – VERA RULES OF THE ROAD So what’s a VERA? A “voluntary early retirement authority” (VERA) temporarily lowers age and service requirements for retirement. It’s an administrative tool USPS has used […]

USPS Early Out Retirement Information 2011?

Last month PMG Patrick Donahoe mentioned that early out retirements and RIFs were coming by March 2011. The following is unverified information floating around the internet: from a NAPS AVP: OPM approved United States Postal Service VERA and Retirement Processing for 80,000 eligible Civil Service and Federal Employee Retirement Service employees. With roll out of […]

APWU: Second Early Out Payment Scheduled for Oct. 29

APWU  News Former postal employees who retired or separated from the Postal Service in 2009 as part of the negotiated Early Out Incentive agreement are entitled to receive an additional $5,000, tentatively scheduled for Oct. 29, 2010. Those who participated in the retirement incentive program received $10,000 as part of the agreement in 2009. The […]

Early Retirement Rumors: Again, APWU Says: Don’t Go!

Burrus Update Rumors about Voluntary Early Retirement offers are once again circulating throughout the Postal Service, and employees are evaluating the possibilities. Let me state plainly: * There have been no discussions with postal management about offering new monetary incentives as an enticement for retiring. * If incentives are contemplated at some future date, the […]

Update: USPS To Offer Early Out Retirement To Employees In San Francisco and Bay-Valley Districts

Clerks, Mail Handlers, Custodians, Maintenance Operations Support Clerks and EAS in Select Offices to Receive Early Out Notices Bay-Valley District -OaklandFor the following offices only: Oakland P & DC, SF NDC, District Cusotmer Service, Antioch, Berkeley, Brentwood, Carmel, Concord, Cupertino, Danville, El Cerrito, Fairfield, Hayward, Hollister, Lafayette, NAPA, Newark, Oakland PO , Pittsburg, PLeasanton, Richmond, […]

NALC Charges USPS With Failure To Provide Mandatory Retirement Counseling For Latest VER Offer

The NALC has filed a national-level interpretive dispute with the Postal Service, charging it failed to provide mandatory retirement counseling prior to the June 19 irrevocable decision date for the latest Voluntary Early Retirement (VER) offer extended to letter carriers. “A lot of our members did not get the help they needed to make a […]

Fewer Than 2 Percent Of Postal Employees Take Latest Early Retirement Offer

From Federal Times Fewer than 2 percent of U.S. Postal Service employees who were offered a chance at early retirement last month accepted the offer — far less than postal management expected. The Postal Service offered early retirement to 147,937 employees; they were required to make a decision by June 16, with their retirement beginning […]