Perhaps it is time for the Postal Service to consider offering a healthy incentive for APWU represented employees to retire. The wage difference between a Grade 6 Step 0 employee and a newly hired replacement is $18,000 per year ($53,102 vs. $35,182) so for every 1000 employees replaced, the Postal Service saves 18 million dollars […]
The Postal Service is offering a version of the Special Incentive Offer announced earlier this year limited to supervisors, Customer Services, and supervisors of Distribution Operations, in seven districts. The districts affected are: Caribbean, Honolulu, Long Island, New York, Westchester, Triboro and Northern New Jersey. According to Human Resources (HR), the affected districts have an […]
USPS is expected to announce that it will offer Voluntary Early Retirement to select groups of postal employees on March 25, 2011. PREPARING FOR CHANGE – VERA RULES OF THE ROAD So what’s a VERA? A “voluntary early retirement authority” (VERA) temporarily lowers age and service requirements for retirement. It’s an administrative tool USPS has used […]
Last month PMG Patrick Donahoe mentioned that early out retirements and RIFs were coming by March 2011. The following is unverified information floating around the internet: from a NAPS AVP: OPM approved United States Postal Service VERA and Retirement Processing for 80,000 eligible Civil Service and Federal Employee Retirement Service employees. With roll out of […]
APWU News Former postal employees who retired or separated from the Postal Service in 2009 as part of the negotiated Early Out Incentive agreement are entitled to receive an additional $5,000, tentatively scheduled for Oct. 29, 2010. Those who participated in the retirement incentive program received $10,000 as part of the agreement in 2009. The […]
Burrus Update Rumors about Voluntary Early Retirement offers are once again circulating throughout the Postal Service, and employees are evaluating the possibilities. Let me state plainly: * There have been no discussions with postal management about offering new monetary incentives as an enticement for retiring. * If incentives are contemplated at some future date, the […]
Clerks, Mail Handlers, Custodians, Maintenance Operations Support Clerks and EAS in Select Offices to Receive Early Out Notices Bay-Valley District -OaklandFor the following offices only: Oakland P & DC, SF NDC, District Cusotmer Service, Antioch, Berkeley, Brentwood, Carmel, Concord, Cupertino, Danville, El Cerrito, Fairfield, Hayward, Hollister, Lafayette, NAPA, Newark, Oakland PO , Pittsburg, PLeasanton, Richmond, […]
Burrus Update 15-2009, Sept. 22, 2009 The union has received inquiries about the possibility that some applicants for the $15,000 retirement/separation incentive may be excluded because the agreement negotiated by the union limits the number of recipients to 30,000. This concern is especially troubling for employees applying for Voluntary Early Retirement (VER), because the right […]
APWU News The USPS and APWU have agreed that employees who as of Aug. 24 had a scheduled retirement date of Sept. 30 or earlier will be permitted to retire or separate on the date they selected, and will be eligible to receive the $15,000 incentive negotiated by the union and management. All other employees […]
TO HELP EMPLOYEES MAKE INFORMED DECISIONS DPMG OUTLINES EARLY OUT INCENTIVE OPTION In this week’s Field Updates, DPMG and COO Pat Donahoe outlines the 2009 Early Out Incentive Option and discusses the issues employees should consider before accepting the offer. The incentive — extended to employees represented by either the American Postal Workers Union or […]