Postal Service Announces VER Timeline For Letter Carriers, Maintenance, EAS, PCES

Headquarters / Headquarters-Related EAS & PCES; Motor Vehicle; Maintenance (excluding Electronic Technicians); Rural Carriers; City Carriers

The Postal Service recently received approval from the Office of Personnel Management (OPM) to offer voluntary early retirement to eligible employees nationwide.

Automation and technological advances coupled with mail volume reductions has the Postal Service continuing to look for ways to voluntarily reduce its workforce while maintaining excellent customer service.

This offer is open to employees in those positions who meet the OPM conditions, and who are at least 50 years of age with 20 years of creditable federal service or any age with 25 years of creditable federal service.

Please Note: The age and years of service criteria must be met by the effective retirement date of this VERA: February 28, 2009. If you don’t meet the criteria by February 28, 2009, you are not eligible for voluntary early retirement.

For your convenience, a timeline of activity related to this VERA can be found by clicking on VER Steps At-a-Glance. Read through this timeline carefully and consider your retirement options. It’s important to note that November 21, 2008 is the date when an employee’s voluntary choice to retire becomes irrevocable (cannot be withdrawn) under this VERA.

As a reminder, a voluntary early retirement is just that — voluntary. But if retirement is part of a near-future plan for you, make sure to navigate through all the information on this website and get all the information you need to make an informed decision.

VER Information Sessions

While Local Services won’t have any additional information regarding VER eligibility lists, HQ and HRSSC will work together to coordinate and set up information sessions to provide opportunities for Q&A dialogue. VER Information Sessions include reviews of eligibility requirements, the pre-established timeline and the Retirement Seminar DVD. Watch for local announcements within your District on times and locations.

In the meantime, don’t waste time; it’s your retirement, after all! Look through all the information provided on this website and view the retirement videos along with the workbooks to prepare prior to the VER Information Sessions.

Timeline

October 10, 2008 – Annuity Estimates are mailed out to all VER eligible employees.
October 15, 2008 -VER Offer Packet mailed out to all VER eligible employees.
October 20 – November 21, 2008 -VER eligible employees must decide whether to apply for retirement during this period.
October 20, 2008 -HRSSC begins sending out Retirement Forms to all early retirement applicants.
November 21, 2008 – 8:30 p.m. (Eastern time) -Required documents must be received at the HRSSC to take advantage of VER offer.
November 21, 2008 – 8:30 p.m. (Eastern time) -Sent in your retirement application and changed your mind? SUBMIT REQUEST TO WITHDRAW BEFORE THIS TIME.
Mid-January, 2009 -HRSSC begins notification to employees on status of VER applications.
February 28, 2009 -Effective retirement date for approved EAS and PCES in Headquarters and Headquarters-related positions (excluding bargaining unit positions and Area positions). Maintenance, Motor Vehicle, City Carrier, and Rural Carrier positions.

https://liteblue.usps.gov/news/ver2008/effective_retirement_date_022809.htm

Clerks, Mal HAndlers, Supervisors FAQs

https://liteblue.usps.gov/news/ver2008/effective_retirement_date_123108.htm