Jul 2, 2014

Postmasters Offered Early Retirements Ahead of RIFs

"...The Postal Service is offering buyouts and early retirement options to more than 3,000 postmasters before it proceeds with a reduction-in-force (RIF) in early 2015.

The agency has been working with employee groups for more than two years on its PostPlan, which would reduce the hours at many post offices by two, four or six hours a day and replace some postmasters with non-career employees or part-time career employees.

Postmasters will get up to $10,000 if they choose to resign or if they take an early or optional retirement option, according to documents emailed to employees by the Postal Service over the last few days. Those who take the incentives will leave the Postal Service Sept. 30, 2014.

The incentive payment will be paid out December 5, 2014..."

Read more at Federal Times

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