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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Postal Service again eyes buyouts, early retirements
"... early retirements and buyout offers as a way to slash its staff by 66,000 employees this year and another 51,000 next year. Combined, the planned cuts..."
Source: www.federaltimes.com
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"...Details for Field EAS, Field PCES, Postmasters and Area Office PCES and EAS employees are now available on Blue and LiteBlue. March 31, 2009 is the effective date for the third round of voluntary early retirement offers to eligible Field EAS, Field PCES, Postmasters and Area Office PCES and EAS employees. ..."
Source: liteblue.usps.gov
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