The U.S. Postal Service is making plans to offer early retirement to thousands of management- and executive-level employees, according to a group with knowledge of the discussions.
The National Association of Postal Supervisors said in a notice on its Web site that USPS would notify eligible workers beginning Sept. 16, with the retirements taking effect at the end of December for Civil Service Retirement System participants, and at the end of January for workers applying for the Federal Employees Retirement System.
Employees from the Postal Service headquarters would not be eligible for the early outs, according to NAPS.
The financially strapped USPS has used early-retirement incentives repeatedly in recent years to reduce labor costs without resorting to layoffs. In 2012, about 25,500 front-office clerks, mail handlers, drivers and other employees accepted such offers in one of the agency’s largest efforts to trim its workforce.
Roughly 34,000 Postal Service employees have also retired during the current fiscal year through July, with many taking early outs, according to a recent Washington Post article.
The Postal Service did not immediately respond to requests Thursday for comment about the NAPS announcement. NAPS said it learned of the early retirement plans late last month through discussions with USPS headquarters and from a briefing by postal executives.
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