POSTAL NEWS

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Showing posts with label Buyouts not an option. Show all posts
Showing posts with label Buyouts not an option. Show all posts

5.10.2012

Buyouts for Postmasters

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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9.08.2008

Postal Service offers early retirements

Buyouts not an option


"...Vegliante said paying employees to retire early isn’t an option. The agency anticipates a $2 billion deficit for the fiscal year ending Sept. 30.
“There’s absolutely not going to be an incentive,” he said. “Economically it doesn’t make any sense at this point. It would cost us too much money, and right now we’re not in the position.” ..."  
Source: federaltimes.com




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