Friday, October 26, 2012

Postal Service buyout amounts shrinking

$hrinking buyouts: An offer you can't refuse?

"... By the time buyouts were offered to members of the mail-handler craft, they had shrunk to $15,000 — the current level — and roughly 3,000 took the money and retired. ..."


Source: www.federalnewsradio.com

Sunday, October 7, 2012

WIll newest postal retirement offer produce anticipated numbers?

USPS, postal union agree on retirement incentives

"... “Sixty percent of APWU’s workforce is eligible to retire,” Ali Ahmad, a spokesman for the House Oversight panel, said in a statement. “Until we see whether this agreement actually leads to retirements from workers who weren’t going to retire anyway, it’s premature to assess the impact it will have on USPS’s financial situation.”..."


Source: thehill.com

Monday, October 1, 2012

APWU buyout incentive approved

APWU, USPS Negotiate Retirement Incentive

"... The APWU has negotiated a retirement incentive agreement that awards eligible full-time career employees a $15,000 payment in two installments, President Cliff Guffey has announced. The first installment will be $10,000; the second will be $5,000. ..."


Source: www.apwu.org