Aug 7, 2012

Almost 3,800 Postmasters Take Buyouts To Retire Early

"...Last Tuesday marked another bittersweet milestone in the U.S. Postal Service's seemingly endless downsizing campaign as almost 3,800 postmasters walked out the door. A few hundred more could follow them by the end of next month, according to USPS figures released today at FedLine's request...

To encourage postmasters to leave, the Postal Service has adopted a carrot-and-stick approach: On the one hand, offering $20,000 buyouts and an early retirement package; on the other, warning of possible reductions-in-force for postmasters still on the job after September 2014..."

Here’s where things stand, according to

Read more at federaltimes.com

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