Showing posts with label Postal Service buyouts. Show all posts
Showing posts with label Postal Service buyouts. Show all posts

Tuesday, April 17, 2012

Pension reform and the Postal Service

Title: Senate, letter carriers consider Postal Service pension reform

Article Snip: "...the Senate began considering the 21st Century Postal Service Act, which would allow for cash buyouts up to $25,000 among incentives to get as many as 100,000 postal employees to retire early. The previous pension overpayment is because of a federal law requiring it to prefund ..."

Reference: www.pionline.com

Thursday, October 29, 2009

18,000 sign up for Postal Service buyouts

Title: 18,000 sign up for Postal Service buyouts
Article Snip: "... Employees will receive the incentive in two payments: $10,000 by Dec. 31 and $5,000 beginning Oct. 1, 2010.
The Postal Service has made four previous rounds of early retirement offers...
"
Reference: www.federaltimes.com