Oct 1, 2012

USPS Offers Buyouts to Employees with APWU

"...The U.S. Postal Service is offering $15,000 buyouts to virtually all full-time clerks, mechanics, drivers and other career employees represented by the American Postal Workers Union.

The buyouts, which are coupled with an early retirement package for longer-serving workers, will be paid in two installments: $10,000 on May 24 of next year; and $5,000 on May 23, 2014, the union and Postal Service said in separate announcements Monday.

Full-time employees must decide by Dec. 3 whether to accept the offer and agree to leave by Jan. 31 unless they are scheduled to retire before then..."

Read more at Federal Times

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