Federal Employee News

Friday, May 25, 2012

Early retirement and buyout incentives offered to USPS Mail Handlers

Article Title: Mail Handlers to be offered retirement incentive

Snippet of Article: "...eligible Mail Handlers who choose to leave employment with the USPS on or before August 31, 2012 will each receive incentive payments totaling up to fifteen thousand dollars (for full-time employees)...."

Source: National Postal Mail Handlers Union Local 317 Early retirement incentive, Mail Handler Buyout, Postal Buyout Incentives, Postal Retirement Incentive, Voluntary Early Retirement (VER)

Friday, May 18, 2012

Postal Service Lists of Mail Processing Facilities Slated for Closure or Consolidation

Article Title: List of Mail Processing Facilities Slated for Closure or Consolidation

Snippet of Article: "...the Postal Service issued its list of 140 mail processing facilities to be impacted during Phase 1 under its amended closure and consolidation plan. Today’s public announcement by USPS details the phased-in plan for several dozen closings or consolidations this August, as well as a plan for additional closings or consolidations beginning early in 2013..."

Source: National Postal Mail Handlers Union Local 317 Mail Processing Closure List, Mail Processing Consolidation List, Phase 1 Mail Processing closure and Consolidation List, Postal Consolidation List

Thursday, May 10, 2012

$20,000 Postal Service Buyouts Offered

Article Title: USPS offers buyouts to postmasters, drops plan to close post offices

Snippet of Article: "...Under heavy pressure from Congress, the U.S. Postal Service is shelving plans to close up to 3,700 post offices and instead will offer $20,000 buyouts to..."

Source: Postal Newsgroup

Thursday, May 3, 2012

pending legislation to increase employee contributions toward annuity benefits

Article Title: Thrift Savings Plan: Groups ask about retirement benefits changes

Snippet of Article: "...Several members of the council raised concerns about pending legislation to increase required employee contributions toward annuity benefits in the Federal Employees Retirement System and the Civil Service Retirement System. Last week, a House committee approved a bill to raise those contributions by 5 percent of salary..."

Source: www.washingtonpost.com Federal Employees Retirement System, Civil Service Retirement System,