Usps early out rumors 2020. I've Googled and can't find anything. According to a USPS MOU, qualified mail handlers who consent to a voluntary early retirement in the next months would be eligible for lump-sum incentive payments Jan 10, 2018 · The early-out “process requires very careful thinking on the part of eligible employees,” says a fact sheet issued by USPS about the offers, which postal unions say came on such short notice There have been significant instances of media misreporting regarding a voluntary employee retirement incentive offer implemented by the U. Postal Service employees accepted the agency’s voluntary early retirement offer this year, according to its Q3 results for fiscal year 2025. com, the definitive source for independent journalism from every corner of the globe. Postal Service announced that we entered into a mutually agreed upon initiative with the American Postal Workers Union (APWU) and the National Postal Mail Handers Union (NPMHU) regarding a Jan 13, 2025 · USPS will send all eligible employees a retirement letter by First-Class Mail during the week of Feb. Now the agency faces a battle over government funding and privatization. The Postal Service is offering an optional retirement opportunity that includes an incentive to certain employees represented by the American Postal Workers Union and the National Postal Mail Handlers Union. My supervisor says they're offering $10K payout and adding 5 years to your record. Postal Service could run out of cash by the end of September. Read the latest headlines, breaking news, and videos at APNews. The $15,000 payout per employee was available to eligible employees in crafts such as mail handler, clerk, maintenance and information technology, with separations taking effect April 30. Mar 13, 2025 · DeJoy, a Republican donor who owned a logistics business, was appointed to lead USPS during Trump’s first term in 2020. 13, 2025. We take a look at what's at stake. Mar 9, 2021 · The Postal Service’s early retirement offer has given new (probably false) hope to feds in other agencies who would love to retire early on an immediate but reduced annuity. Information on who to contact and how to arrange counseling should also be in the packet. USPS first announced it would offer voluntary early retirement to eligible non-bargaining unit workers in early March. Jan 14, 2025 · The American Postal Workers Union and the United States Postal Service reached a mutual agreement on January 13, 2025, to implement a one-time retirement incentive that would also include an "early out" option for eligible employees. Postal Service on Jan. 3 days ago · Postal Employee Network provides news, updates, and resources for postal employees and those interested in the postal industry. FACT: On Jan. Jan 13, 2025 · On Jan. It declined to say how many employees it was […] The daily digest of news about the US Postal Service, its employees, customers and competitors. Guests There are rumors of an early-out retirement option going around at my office. Aug 20, 2024 · The Postal Service is facing a potential “retirement wave,” its inspector general’s office warns, with nearly one in five of its employees now retirement-eligible, and more than half its workforce eligible to retire within a decade. 13, 2025, the U. 3. Mar 14, 2025 · In the letter, Postmaster General Louis DeJoy said USPS is trimming its workforce by 10,000 using voluntary buyouts over the next 30 days. Impacted workers are also eligible for USPS-sponsored retirement counseling – both group and individual. S. . May 20, 2020 · The U. 13, 2025, the United States Postal Service and the American Postal Workers Union have mutually agreed to a one-time Retirement Incentive, including an "early out" option for eligible employees. Oct 16, 2023 · Anyone considering the early-out offer needs to study the packet. The USPS OIG, in its latest report, found USPS experienced no Mar 9, 2021 · The Postal Service has announced a limited early retirement opportunity effective April 30 for certain non-bargaining unit employees at headquarters, Jan 13, 2025 · The Postal Service is offering early retirement buyouts to mail handlers who work in the agency’s mail processing facilities, and other USPS employees who work in a variety of support positions. Postal Service is leaving the door open to involuntary layoffs as it seeks to downsize its managerial and administrative staff, part of an ongoing effort to reorganize the agency. The #1 Website on the internet for the most comprehensive up to date postal news! Aug 11, 2025 · Nearly 10,500 U. The National Association of Letter Carriers, NALC, is the national labor union of city delivery letter carriers employed by the United States Postal Service. Apr 5, 2021 · The U. ypv tdq dfe zds qqy xuw xkr png zpe zcq ycr svn afb cmj oez