Postal Service Changing Overtime, Increasing Buyouts
"... The U.S. Postal Service will enter another round of buyouts and reduce the number of overtime hours as it prepares to eliminate Saturday first-class mail delivery, Federal News Radio reports...."
Source: www.executivegov.com
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USPS to offer buyouts to 21,000 postmasters
"... 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
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