NALC: Early Retirement Offer With No Incentives Will Cover City Carriers

From National Association of Letter Carriers (NALC)

The Postal Service has informed President Young that city letter carriers will be included in its new Voluntary Early Retirement offer. The timing for VER applications and deadline for action has not been set, but it will have the same terms as the 2008 “early out” program, Young said. That means there will be no financial incentives, and annuities will be reduced for those who take the offer. Other details are pending. See The Postal Record report on last year’s VER here, and the initial USPS announcement here.