Incentive offer deadline

APWU employees face decision

Full-time career employees in the American Postal Workers Union (APWU) bargaining units have until Monday, Dec. 3, 2012, at 8:30 p.m. EST to take advantage of their special incentive offer. Part-time employees and non-traditional, full-time employees with schedules less than 40 hours per week have until Jan. 4, 2013 to accept the offer.

Federal Employee Retirement System (FERS) employees also may be eligible for an annuity supplement, paid in addition to their FERS retirement annuity payments. Click here for additional information about this annuity supplement.

Last October, USPS offered a Voluntary Early Retirement (VER) and Special Incentive Offer to APWU employees represented by the APWU. Eligible APWU employees who want to leave under the VER — as well as APWU employees who have reached their minimum retirement age and service requirements and those who wish to voluntarily resign — are eligible for this special cash incentive.

Complete details of how to accept the offers, as well as FAQs and retirement videos, are available at the Workforce Connection website on LiteBlue. Employees with questions can contact the Human Resources Shared Services Center at 877-477-3273, option 5.

USPS encourages this information to be shared with all eligible employees.

 

Retirement Counseling

APWU Web News Article #140-09, Nov. 19, 2012

Employees contemplating retirement are eligible for retirement counseling and should take advantage of the opportunity, Executive Vice President Greg Bell is reminding union members. “The decision to retire is among the most important you will ever make. I encourage you to consider the decision carefully and urge you to participate in USPS-sponsored counseling so you can make an informed decision.”

Retirement counseling will be conducted via phone in group sessions not to exceed 10 participants. Sessions are available five days per week during the hours of 7 a.m. EST – 8:30 p.m. EST, Monday through Friday.

Counseling is available for employees who are eligible for optional (regular) retirement and those who are eligible for Voluntary Early Retirement.

Individual Counseling, Spouse Present

Employees requesting additional help after a group session will be accommodated on an individual basis. In accordance with a 2009 pre-arbitration settlement [PDF], local management must arrange reasonably private space for employees who wish to receive individual counseling on the clock.

Employees are permitted to have their spouse and/or advisor present during counseling.

Employees who cannot obtain counseling from Human Resources Shared Services Center (HRSSC) without assistance will be offered help from local management. Whether an employee is unable to start or complete the retirement counseling without assistance will be determined jointly by local management and the union on a case-by-case basis.

VER Eligible Employees

Full-time employees except employees in Non-Traditional Full-Time (NTFT) duty assignments of less than 40 hours must indicate their intent to accept the incentive offer on or before Dec. 3, 2012. Employees who wish to revoke the decision must do so by Dec. 3, 2012.

Employees whose VER application and Statement of Irrevocability (SOI) were received by Friday, Nov. 9, 2012, should have group counseling appointments available on or before the irrevocable date of Dec. 3, 2012.  Group counseling sessions should be scheduled by the employee no later than Nov. 20, 2012, to ensure appointment availability.

In the event a VER group counseling appointment is not available, employees wishing to revoke their decision may withdraw their VER application in writing by close of business Dec. 13, 2012.

Full-time employees will have a separation date of Jan. 31, 2013, with the exception of employees in Accounting Services position of the Information Technology/Accounting Services (IT/ASC) bargaining unit, who will have a separation date of Feb. 28, 2012.

In the event a VER group counseling appointment is not available, employees wishing to revoke their decision may withdraw their VER application in writing by the close of business Dec. 13, 2012.

Regular Retirement

Please note that employees eligible for optional (regular) retirement may revoke their decision up to the effective date of their retirement.

Part-time employees and full-time employees in NTFT assignments of less than 40 hours must indicate their intent to accept the incentive offer on or before Jan. 4, 2013. Employees wishing to revoke the decision must also do so by Jan. 4, 2012.

Employees whose VER application and SOI are received at HRSSC by Monday, Dec. 10, 2012, will have group counseling appointments available on or before the irrevocable date of Jan. 4, 2013.    Group counseling sessions must be scheduled by the employee no later than Dec. 21, 2012, to ensure appointment availability.

In the event a VER group counseling appointment is not available, employees wishing to revoke their decision may withdraw their VER application in writing by close of business Jan. 14, 2012.

Retirement Counseling.

APWU Retirement Incentive Offer Mailing Error

The APWU has been informed by the Postal Service that a problem occurred in the mailing of retirement incentive offer letters to full-time employees who are eligible to take optional retirement, Executive Vice President Greg Bell has reported.  Due to a technical problem at the printing center, some individuals may have received an annuity estimate intended for another individual.

The USPS believes [PDF] the problem occurred in a limited area in California.

The Postal Service will be resending the special retirement incentive letter to all full-time employees eligible for optional retirement in California to ensure all eligible employees have accurate information.  The new incentive offer letter is scheduled to be mailed on Friday, Oct. 26, 2012.

Any employee that received material concerning another postal employee should shred or otherwise destroy it.  The information should not be retained and does not need to be returned.

 

APWU: Employees Should Receive Incentive Offers by Oct. 22

The APWU has been informed by the Postal Service that letters offering incentives to APWU-represented employees who are eligible for voluntary early retirement (VER) were mailed on Oct. 10, 2012, and to employees eligible for regular retirement shortly after.  Eligible employees should receive their incentive offer information no later than Monday, Oct. 22, 2012, Executive Vice President Greg Bell said. Continue reading

Incentive Letters to be Sent Beginning Oct. 10

APWU Web News Article 124-2012, Oct. 10 , 2012

The USPS is scheduled to send letters offering incentives to APWU-represented employees who are eligible for regular retirement or voluntary early retirement (VER) during the week of Oct. 10. The letter and additional information will be mailed to employees at their home address of record.

Employees who do not qualify for regular or early retirement may resign in order to receive the incentive, provided they mail a signed original PS Form 2574, Resignation from the Postal Service, effective Jan. 31, 2013, to:

Human Resources Shared Service Center
P.O. Box 970520
Greensboro, NC 27497-0520

Employees must note on the  Form 2574 that their resignation is for the “Special Incentive Offer.”  The form must be received by the HRSSC no later than Dec. 3, 2012.

To qualify for regular retirement, employees must have at least:

  • 30 years of service and be 55 or older; or
  • 20 years of service and be age 60 or older; or
  • 5 years of service and be age 62 or older.

To qualify for early retirement, employees must have at least:

  • 20 years of service and be 50 years of age or older, or
  • 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.

Employees who as of Sept. 28, 2012, had a scheduled resignation date before Jan. 31, 2013, may still resign on their scheduled resignation date and be eligible to receive the incentive.

Employees who had a previously scheduled resignation date after Jan. 31, 2013, must change their date to Jan. 31, 2013, in order to receive the incentive.  They must contact the Human Resources Shared Service Center (HRSSC) no later than Dec. 3, 2012, and change their resignation date to Jan. 31, 2013.

For further information regarding the Incentive Offer, see APWU Incentive at a Glance [PDF]USPS LiteBlue, and Frequently Asked Questions [PDF] USPS LiteBlue