Wednesday, February 22, 2012

Possible Postal Buyout Incentives and Early Retirements as USPS Announces Mail Processing Plant Closures

Title: Huntsville Mail Processing Facility located on Wall Triana to Close

Article Snip: "...Postal officials also stated that the U. S. Postal Service is also considering early retirement programs and possible buyout incentives to reduce the number of postal employees...."

Reference: Rocket City

Tuesday, February 14, 2012

Early Retirements and Buyouts may be offered to few in Justice

Title: The 2013 budget request: agency by agency

Article Snip: "...employees will have to leave Justice if they cannot find jobs elsewhere in the department, and they will be offered buyouts and early retirements. ..."

Reference: www.federaltimes.com
Federal Buyouts, Federal Buyouts, early retirements,Justice Department Buyouts,

Friday, February 10, 2012

Federal Retirement Cuts Bill Passes House Panel

Title: Lawmakers insert federal pension provisions in highway bill

Article Snip: "...a high-five average salary calculation for annuities rather than the current high-three average pay calculation. The current Federal Employees Retirement System-defined benefit pension is calculated by taking the retiree's three highest salaries and dividing it by years of service and a variable pension accrual rate. ..."

Reference: www.govexec.com
Federal Retirement