Union Negotiates Monetary Incentive For Postal Retirements-Separations

APWU-represented employees who retire or separate on or before Nov. 30, 2009, will receive a monetary incentive of $15,000, in accordance with an agreement negotiated by the union. The incentive will be paid in two installments to eligible employees. “This agreement achieves a long-standing objective of the APWU,” said union President William Burrus. The incentive will be offered to eligible career full-time employees who terminate their service through regular retirement, Voluntary Early Retirement, or voluntary separation. (Eligible PTR and PTF employees will receive proportional percentages of the incentive.) [full story]

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