Showing posts with label 2011 Early Retirement. Show all posts
Showing posts with label 2011 Early Retirement. Show all posts

Tuesday, October 25, 2011

Buyouts: Post office needs money to buy out employees

Distruptive Technology Hobbling Postal Service

"...The post office needs money to buy out those 220,000 employees. It thought it would get it from over-payments to its pension plan, but that has been ruled as money that cannot be pried out of the federal retirement system...."    postal news

This Article is From: www.whchronicle.com Read our latest posts! .

Wednesday, March 23, 2011

Bargaining unit employees angered as non-bargaining unit employees get bigger buyout incentive

On March 23, 2011, the USPS announced a $20,000 special retirement incentive to specific non-bargaining unit employees [ https://liteblue.usps.gov/humanresources/organizationalchanges/oc_specialincentivefaqs.shtml? ] after offering only $15,000 in an offer last year that included bargaining unit employees. Why the special treatment while touting huge deficits?