Tuesday, October 2, 2012

Postal retirement buyout incentive for union represented employees

APWU, USPS Negotiate Retirement Incentive

Article Excerpt: "...To qualify for early retirement, employees must have at least 20 years of service and be 50 years of age or must have 25 years of service at any age. (For employees in the Civil Service Retirement System, the annuity is reduced 2 percent for each year workers are under age 55.) Eligibility will be based on a Jan. 31, 2013, effective date. Eligible employees who do not qualify for regular or early retirement but wish to receive the incentive may resign. ..."



Resource: www.apwu.org

Early Retirement, Postal Buyout, Buyout Incentive, APWU early retirement,