Tuesday, September 11, 2012

Postal Buyout: 4,100 career postmasters, 2,952 mail handlers take offer

3,000 mail handlers accept buyouts

"... The Postal Service plans to pay the $20,000 in two equal installments — this December and in December 2013. More than 3,300 managers have until Nov. 19 to decide whether to accept an early retirement offer announced last month. The offer is open to a small fraction of some 55,000 employees covered by the agency’s Executive and Administrative Schedule (EAS). Those who sign up must agree to retire by year’s end. The offer is not accompanied by a buyout. ..."

Source: www.federaltimes.com

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