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...."    

This Article is From: www.napus.org Read our latest posts! .

USPS special Incentive offer quickly approaching deadline

"...Eligible employees should note that April 25, 2011, is the opt-in deadline for the Special Incentive Offer, as described in the Incentive FAQs. Employees who want to leave under the voluntary early retirement (VER) — as well as optionally-eligible employees (those who have reached their minimum retirement age and service requirements) and those who wish to voluntarily resign — must notify USPS of their decision by April 25.

By now, VER-eligible employees should have received an “Annuity Estimate and VER” offer letter in the mail...."    

This Article is From: usps.gov Read our latest posts! .

USPS Work Force Reductions

Lower mail volume forces Postal Service to regroup

"...the workforce reduction did not involve layoffs, but was a combination of attrition and retirement. The Postal Service's work force..."    

This Article is From: www.nwanews.com

Read our latest posts!

.

VER Offering for: National VER - July 31, 2009

ALL EMPLOYEES except Electronic Technicians (ET); Maintenance Mechanics, Mail Processing Equipment (MPE); Part-time Postmasters.

"...Those employees identified as tentatively meeting eligibility requirements for this VERA will receive annuity estimates and a separate notification package via U. S. Mail at their address of record beginning April 6, 2009...."    

This Article is From: https://liteblue.usps.gov

Read our latest posts!

.