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Postal Service offers early retirement to 3,300 managers

Aug. 28, 2012 - 05:51PM   |  
By SEAN REILLY   |   Comments
More than U.S. Postal Service managers have until Nov. 19 to decide whether to accept an early retirement offer.
More than U.S. Postal Service managers have until Nov. 19 to decide whether to accept an early retirement offer. (File photo / Getty Images)

More than 3,300 U.S. Postal Service managers have until Nov. 19 to decide whether to accept a newly announced early retirement offer.

The offer is open to a small fraction of some 55,000 employees covered by the agency’s Executive and Administrative Schedule (EAS). Those who sign up must agree to retire by year’s end; while a notice posted on the agency’s website does not spell out the terms, the standard federal early retirement package relaxes age and years of service requirements for retirement eligibility.

The offer is limited to EAS employees working in USPS district offices, all network distribution centers, and some post offices and plants, USPS spokesman Mark Saunders said in an email Tuesday.

Senior leaders in districts that are important to ensuring “continuity of operations and managing change” are not eligible, he said.

The offer, which is not accompanied by a buyout, represents the latest attempt by the agency to trim its career workforce — now at about 539,000 employees — without resorting to layoffs. It comes as the Postal Service is in the early stages of slashing its network of mail processing plants and other streamlining moves.

Last year, some 1,800 administrators and front-line supervisors left or retired with the encouragement of a $20,000 buyout incentive; this year, almost 3,800 postmasters have so far taken advantage of a similar offer.

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