"... Mail Handlers who are eligible should be receiving a package in the mail from the Postal Service (these retirement documents will be mailed to the employee's address that USPS has on file; an employee can confirm or change his/her mailing address online by logging on to www.liteblue.usps.gov), but in general terms VERA offers apply to employees covered under both the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). ..." Source: Mail Handler Union
"... So after years of paying income taxes on your “contributions” you are ready to retire and collect the benefits—only to find out that they may be taxable..." Source: socialsecuritynewsgroup.blogspot.com
"... “The Postal Service is working with its unions regarding an employee incentive offer and will announce details when final decisions are made,” but the USPS and APWU have not been negotiating about incentives, Guffey said.
The talk for employees who interact with customers says, “Some consolidation activities will begin this summer, but there will be no facilities closures this summer.” The other talks do not include this language, nor does the letter to the APWU. (In fact, the stand-up talks for other employees refer to “closing facility.”)..." Source: www.apwu.org
"... Postmasters that accept the buyout will receive $20,000, split equally between two payments. Exiting postmasters will receive the first $10,000 payment in December 2012 and the second payment in December 2013. Splitting the incentive payment in two will allow the agency to "better manage its cash flow..." Source: www.federalnewsradio.com
"... The piece is clearly designed to drum up support for a discredited House bill (H.R. 2309) sponsored by Rep. Darrell Issa (R-CA) and Rep. Dennis Ross (R-FL), and to undermine support for a bill approved by the Senate on April 25...." Source: www.apwu.org
Rockefeller, Manchin ask USPS to hold off on closures
"... "Despite our concerns about the legislation, we do believe that extending the existing moratorium while Congress continues to work on postal reform legislation will at least preserve services and jobs..." Source: www.statejournal.com
"...He has also suggested cost-saving measures to the USPS to achieve savings in ways that would not affect services, “including eliminating excess rental space, cutting executive compensation, and reducing advertising expenditures on luxuries like sponsorship of a NASCAR team and a Tour de France team,” his release stated...." Source: www.williamsondailynews.com
Revised Estimates for Network Rationalization: Where have all the savings gone?
"... With the gross savings reduced by $500 million, the new gross savings number is $2.1 billion. Subtract the $500 million for the revenue losses, and we’re left with $1.6 billion in total savings. ..." Source: www.savethepostoffice.com
