Usps offers early retirement to 150 000 workers. Office of Personnel Management (OPM)
Postal Service has extended early retirement offers to letter carriers as part of an expanded early-out offer that now covers 156,000 employees. Nearly 10,500 U. Shared Services is going to have their hands more than full with consultations (to the point that they have only … Gain insights into the USPS retirement system and plan ahead to meet the criteria for securing your desired retirement pay. Office of Personnel Management (OPM). The parties have agreed that the Postal Service will make lump … DeJoy told Congress in a letter seen by Reuters that USPS plans to reduce its workforce by 10,000 workers in the next month through … The Voluntary Early Retirement (VER) recently announced for eligible Clerk Craft employees by the Postal Service has generated many questions from the members of the … MICHAEL WOOD - A lot of people spend their entire careers while working for the USPS (United States Postal Service); it’s a career … Employees contemplating retirement are eligible for retirement counseling and should take advantage of the opportunity, Executive Vice President Greg Bell is reminding … Separately, back in early January USPS announced a voluntary early retirement incentive and estimated around 10,000 workers would take the offer. . USPS emailed voluntary early retirement offers to eligible employees on March 4, and will also mail an additional hard-copy notification to … The Voluntary Early Retirement (VER) recently announced for eligible postal workers by the Postal Service has generated many … USPS could work with DOGE to cut thousands of employees via early retirement program By Adeja Shivonne Published March 23, … If you’re a USPS worker contemplating retirement, understanding what’s on the horizon can help you navigate your … 13. Nearly 10,500 USPS employees … Whichever plan you are enrolled in, your retirement benefits are administered by the U. The $15,000 … Postmaster General Louis DeJoy recently told lawmakers USPS has reduced its overall headcount by about 20,000 employees and cut 45 million total work hours. 🔥🔥Post office Offering certain employees incentives to retire early. USPS currently employs about 640,000 workers tasked with making deliveries from inner cities to rural areas and even US over-sea … Louis DeJoy told Congress USPS plans to reduce its workforce by 10,000 workers in the next month upon signing a cost-cutting deal with DOGE. @americanbenefitsexchangeWith the USPS facing financial struggles and a rapidly changing mail landscape, many postal employees are being offered the chance t GREENSBORO, N. 1 Voluntary Early R6tiremont offers … For years, the United States Postal Service has been working on offering early retirement to eligible employees. Eligible employees who have already scheduled a … The federal government is making big moves in 2025, offering buyout incentives and early retirement options to thousands of employees. Postal Service on Jan. OPM has given … United States Postal Service offers up to $15K in early retirement buyouts to cut employees in ‘overstaffed’ facilities A USPS spokesperson told Federal News Network in a statement … The USPS is offering an early retirement to eligible crafts. Postal Service will make early retirement offers to 26,000 mail handlers and postal clerks this week, in an effort to reduce the workforce due to declining mail volume. 12 Optional Insurance Employees who retire retain optional life insurance (not accidental death and dismemberment) if they are eligible to continue basic insurance and have had …. Nearly 10,500 U. C. Eligible USPS employees have until March 7 to accept the early retirement offers, and would … The American Postal Workers Union and the United States Postal Service reached a mutual agreement on January 13, 2025, to … On Jan. #usps #po The United States Postal Service (USPS) is offering employees a voluntary early retirement incentive to address overstaffing in its facilities. Plan for early retirement Determine the potential … As a reminder, VERA allows agencies to offer early retirement to employees who are at least 50 with at least 20 years … USPS will mail an offer letter and additional information to all eligible employees the week of Feb. 6 to accept the offer, President Trump’s latest move to drastically cut the … @americanbenefitsexchange With the USPS facing financial struggles and a rapidly changing mail landscape, many postal employees are being offered the chance to retire early with a buyout … USPS will extend voluntary early retirement offers to most eligible non-bargaining employees at its headquarters, headquarters … The United States Postal Service (USPS) is offering employees a voluntary early retirement incentive to address overstaffing … The letter cites the mismanagement of retirement assets, problems within the Workers' Compensation Program, and regulatory … Separately, back in early January USPS announced a voluntary early retirement incentive and estimated around 10,000 workers would take the offer.