VER Calculation Criteria

Learn more about some of the criteria used to calculate VER:

This information is attached to the VER Annuity Statement Letter:

Source: VER Letter

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USPS offers commemorative DNC envelopes for sale

"...Five Denver post offices are offering for sale to the public a beautiful souvenir commemorative envelope in celebration of the Democratic National Convention (DNC), to be held Aug. 25-28 in the Mile High City...."    

This Article is From: www.kxrm.com

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USPS authorized to offer more voluntary early retirements

ANOTHER VERA APPROVAL

"...offer voluntary early retirement to all Headquarters and Headquarters-related employees — that includes service centers, organizational units and Area offices — in EAS and PCES positions...."    

This Article is From: liteblue.usps.gov

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Junk Mail Being Used to Track New Orleans Recovery

"...The Greater New Orleans Community Data Center has linked the number of homes actively receiving Valassis Communications' RedPlum direct mail promos to a Google map incorporating Street View...."    

This Article is From: blog.wired.com

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VER Letter / Early Retirement Discussion Board

If you are one of the many people trying to get information on the upcoming Voluntary Early Retirement, the following source is a great place to stop by and get a feeling for what others are thinking and what is going on at different facilities across the country. Here is a snippet of one post. Click the link to read more.

"...I have no doubt that if I sign the dotted line and mail it in, I will be accepted. KCMO is doing a lot of abolishing of Tour 2 jobs, jobs around our area are being abolished and those employees excessed to our plant, also casuals are being fired left and right..."    
Please post to the link to let us know what is taking place in your area! Help keep others informed.

Source: community.federalsoup.com

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Mail Handler Convention Update

"...Davis. “The architects of our Constitution recognized the need for a government-run postal system that provided universal access and affordable prices to all Americans. In fact, I’m not sure that some people are aware of it, but the U.S. Constitution actually lists the establishment of Post Offices before it talks about granting congressional authority to declare war or to set up a federal judiciary. And so our founding fathers knew that a postal system, government run, . . . was important. The history of the Postal Service is firmly entwined in the history of the development of this country.”
Convention by the day:
# Day One: Monday
# Day Two: Tuesday Part 1
# Day Two: Tuesday Part 2
# Day Two: Tuesday Part 3
# Day Three: Wednesday
# Day Four: Thursday
# Day Five: Friday ..."    

This Article is From: www.npmhu.org

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USPS To Request VER Authorization For Additional Positions

In a letter to Ted Keating, President of the National Association of Postal Supervisors USPS wrote:

"...we have made a decision to request authorization for additional positions, including those that you are recommending. It is important to reiterate however that there is no approval from OPM regarding additional EAS positions at this time...."    

This Article is From: www.postalreporter.com

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In Historic Speech, NALC’s Young Emphasizes ‘Need to Work Together’

APWU 19th Biennial Convention News Bulletin #01-2008, Aug. 19, 2008

"...“Something’s got to change, and we’ve got make it happen,” Young said during an address to APWU delegates on the first day of the convention. “The men and women of the NALC are ready to stand shoulder-to-shoulder with the men and women of the APWU to make sure that it does.” Young said that the most important thing was to get America’s perspective back in order...."    

This Article is From: www.apwu.org

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USPS cuts employee hours

USPS cuts employee hours in response to mail volume loss

"...Due to initiatives to reduce work hours and overtime, compensation expenses for the US Postal Service dropped by $247 million — or about 2.5% — in the third quarter compared to the same period last year, according to a financial report that the USPS has filed with the Postal Regulatory Commission...."    

This Article is From: www.dmnews.com

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Mail processing changes in Maine

Mail service shifts some mail processing in Maine

"...Richard B. Reed Jr., president of the Bangor Area Local 536 of the American Postal Workers Union, wrote a letter to a number of postal customers indicating that the switch will adversely affect mail delivery. "The mail is shipped by truck between (the two facilities) and the extra travel time would add an automatic one day to the delivery process in the best-case scenario," Reed wrote. "The employees here at EMP&DF do not feel that is in the best interest of the customer."..."    

This Article is From: www.boston.com

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Request for consideration to include all additional EAS field positions as part of a Voluntary Early Retirement (VER)

Mr, Ted Keating, President,
National Association of Postal Supervisors requested USPS seek additional authorization to include more EAS positions for VER eligibility

This Article is From: www.naps.org

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APWU and NPMHU COLA

APWU and NPMHU postal employees will receive a Cost-Of-Living Adjustment of $1,477 and will be effective Aug. 30, 2008. The COLA will be in checks Pay Period 19-08 which is Sept 19, 2008. This equates to a 71-cent per hour increase ($56.80 per pay period).


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Next NALC Postal Contract COLA...

 
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 0.5 percent in July, prior to seasonal adjustment. The July level of 216.304 (1982-84=100) was 6.2 percent higher than in July 2007. This equates to $1,498 annually for NALC postal employees covered under the National Contracts. The COLA will be effective the pay period beginning August 30 and received in checks on September 19. The new COLA is equivalent to 72 cents per hour ($57.60 per pay period).


Latest CPI-W Release from the BLS

CPI Reference: www.bls.gov

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Elvis Presley: Collecting The King

"...December 21, 1970, the U.S. Postal Service announced in 1992 that Elvis' image would be used for a commemorative postage stamp. In an unprecedented move, the Postal Service let the American public decide whether to use the image of Elvis as a young rocker or one of him starring in a special Hawaiian performance. The image of the young rocker won out, and the Elvis stamp is the most widely publicized stamp issue in history, and the top selling commemorative postage of all time. More than 500 million Elvis stamps have been printed, more than three times the print run for any other commemorative stamp...."    

This Article is From: www.hofmag.com

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The FERS is Flying

"...about three things you can do to plan for retirement under the Federal Employees' Retirement System (FERS) so that you won't be caught financially short at retirement...."    

This Article is From: www.federalnewsradio.com

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Alabama Post Office Burglarized And Set On Fire

"...burglars broke into the post office between 1 a.m. and 2:30 a.m. Friday.
Epes is located along I-20/59, between Boligee and Livingston. ..."    

This Article is From: www.nbc13.com

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'Road Rage' Led to Federal Agent's Shooting Outside Florida Post Office

"...on his way to a dialysis appointment when he and Pettit, 52, who also was driving, exchanged obscene gestures.

Wonder pulled into a busy post office parking lot, and Pettit followed. The men began arguing and Wonder pulled a handgun from his waistband and shot Pettit once in the back of the head..."    

This Article is From: www.foxnews.com

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Chinese stamp exhibition

Singapore launches Chinese stamp exhibition

"...first official postage stamps in China, Cultural Revolution stamps - Stamps as propaganda tools, as well as contemporary Chinese stamps..."    

This Article is From: news.xinhuanet.com

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Postal worker’s age bias suit goes back to the district court

"...Because the Supreme Court expressed no view as to the First Circuit’s holding (89 EPD ¶42,690) that sovereign immunity did not present a bar to the worker’s suit (the Postal Reorganization Act generally “waived the immunity of the Postal Service from suit by giving it the power ‘to sue and be sued’ in its official name”), the circuit court remanded the case to the district court for further proceedings consistent with the Supreme Court’s opinion and the sovereign immunity portion of its decision. (Gomez-Perez v Potter, 1stCir, 91 EPD ¶43,255)..."    

This Article is From: hr.cch.com

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USPS Wood Pallet Splintery Retun

"...It seems the USPS got into its present dilemma by failing to create an adequate pallet control system. Now it seems the USPS may be embarking to another equally precipitous course of action. It is moving to a wood pallet program without specifications and other quality control measures in place to ensure a consistently good quality pallet every trip. ..."    

This Article is From: www.materialshandling.net

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