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

Postmaster General seeks to move retirees to Medicare

Title: Postmaster general: Retirement benefits bankrupting agency

Article Snip: "...requirement isn't sustainable. He's also seeking to move retirees to Medicare...."

Reference: Postal Early Retirement

Federal Employee Buyouts Galore

Title: Everybody's got a price. What's yours?

Article Snip: "...Currently buyouts are available at Agriculture, Air Force, ATF, U.S. Courts, Education, FTC, GAO, GPO, Housing and Urban Development, Justice, Library of Congress, the USPS, SBA, Smithsonian and the TSA. ..."

Reference: www.federalnewsradio.com
Federal Buyouts, Early Retirements,

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