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 […]
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 […]
APWU News The Postal Service has informed the APWU that the deadline for eligible employees who wish to apply for Voluntary Early Retirement (VER) effective June 30 or July 31 is June 19. The USPS has also designated June 19 as the “irrevocable” date, by which employees who have applied for retirement but wish to withdraw […]
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. The Postal Service has begun mailing notification to all VER-eligible employees. You should note that the VER […]
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 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 […]
From PostalReporter.com reader Don Cheney There are two errors in management’s questions and answers on Voluntary Early Retirement. It could affect a few people’s decision to retire now or not. These were brought to management’s attention by the APWU at least six weeks ago and have not been corrected. See the FAQs at https://liteblue.usps.gov/news/ver2008/hrssc_vera.htm. Management’s […]