Postal Service announces Voluntary Early Retirement (VER) and incentive offer

Postal Service Announces New Post Office Structure Plan, Which Would Keep Rural Post Offices Open

"...The Postal Service has also announced a Voluntary Early Retirement (VER) and incentive offer for non-PCES Postmasters. The one-time cash incentive of $20,000, will be payable to all full time Postmasters in two installments (December, 2012 and December 2013.) Part-time Postmasters will receive pro-rated payments on the same dates. All eligible Postmasters will receive a retirement kit and a retirement annuity payment estimate from the Postal Service next week. Additional information on the VER and incentive guidelines will be posted as Frequently Asked Questions (FAQs) on Workforce Connection , on LiteBlue, at www.LiteBlue.usps.gov...."    

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