APWU News – 01/05/2018 – Today, January 4, 2018, the APWU was notified by letter that the USPS is offering voluntary early out retirement (VERA) for eligible clerk craft employees.
This letter was received with no advance notification to the union or negotiations with the APWU over who the VERA applied to and under what conditions.
The APWU immediately initiated information requests to USPS management regarding this VERA and demands for bargaining over its scope and impact.
”It is concerning that employees who are now faced with such a serious consideration regarding their work and retirement future, have not been given sufficient advance notification and needed information,” said President Mark Dimondstein. “Such a life changing and irrevocable decision should not be forced to be made in a rush due to management’s lack of consideration.”
The APWU will provide further information and education material as it becomes available.
From the National Postal Mail Handlers Union (below)
The Postal Service unilaterally announced earlier today that it is offering Voluntary Early Retirement (VERA) to eligible mail handlers throughout the United States. This VERA comes without any monetary incentive payments to retire, and simply makes early retirement available to eligible employees.
More detailed information will be widely circulated to all eligible mail handlers, directly from the Postal Service, during the coming weeks. In general terms, to be eligible to retire under the VERA, an employee must have completed 20 years of service and be at least age 50, or have completed 25 years of service and be of any age. There will be three options to choose as a retirement date in 2018 – January 31, February 28, and March 31. In the meantime, we wanted to ensure that all Local Unions and all members were informed that the process for implementing this opportunity for voluntary early retirement has been initiated.
From USPS News Link (below)
01/04/18 – The Postal Service will extend voluntary early retirement (VER) offers to eligible mail handlers and clerks, beginning Jan. 8. The offers will contain three retirement-effective dates from which eligible employees may choose: Jan. 31, Feb. 28 and March 31.
While USPS has been taking aggressive steps to cut costs and increase efficiencies, additional operational changes are necessary. The Postal Service is exercising the Voluntary Early Retirement Authority (VERA) delegated to it by the U.S. Office of Personnel Management. This VERA action is part of ongoing efforts to rightsize the Postal Service’s workforce and reposition its network through attrition to match current workloads.
Employees who accept the offers will be able to retire before they reach the standard requirements for age and years of service.
Eligible employees will receive their offer letters and annuity estimates at their addresses of record. Employees can change or update their addresses on LiteBlue.
Eligible employees who decide to accept an early-retirement offer can apply by completing and submitting the required documents by the deadline specified in their offer letters. For eligible employees who decide not to accept the offer, no response is required.
The Postal Service is not offering separation incentives to accept the early-retirement offer.