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Wednesday, May 28, 2008

Postal Buyout

What is the latest information on the possibility of a buyout or early retirement bonus from the postal service?

A quick search of the web offers numerous possibilities in this arena. However, all the sources verify that there is not a postal buyout offer on the table at this time. Rumors are purely speculation and wishful thinking on the part of many. It appears that the environment is ripe for such offers. Some think that the USPS feels they can reduce employment numbers adequately through attrition. Although many feel reduction through attrition will not be sufficient due to the harsh economic realities this country is now facing, therefore many postal employees are either delaying retirement or not even considering it anymore. With the economy in such bad shape and postal pay raises being so small under the latest union contracts, many feel there will have to be an early out retirement cash bonus before retirement will be considered. If you are seeking more information on this subject, a search of the web offers the following informative links:

  • Postal eDaily

  • Postal News Network

  • Federal Times



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