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Search Tags: buyouts
The U.S. Postal Service will not be offering any new buyouts in the near future, according to Anthony Vegliante, the agency's chief human resources officer. USPS offered three different buyouts in 2012. In an exclusive interview with Federal News Radio, Vegliante said the Postal Service will drop to around 500,000 employees by the end of January due to multiple consolidation efforts at the agency.
Postmaster General Patrick Donahoe says his number one priority is seeing legislation passed in the upcoming lame-duck session of Congress that will help the U.S. Postal Service get out of debt. In an exclusive interview with Federal News Radio, Donahoe details the latest on the agency's financial situation, buyouts, the consolidation of mail processing centers, and its plan to cut window hours at half of its post offices across the country.
A list of agencies considering or offering buyouts and early retirements in 2012.
Do you have something that is shrinking with age? If you are with the Postal Service, its the size of your buyouts, Senior Correspondent Mike Causey says. They are getting smaller all the time. Is this a trend feds in other agencies need to watch? Is it the precursor of an offer you can't refuse.
The service will offer $15,000 incentive that would be paid out over two installments to retirement-eligible employees.
Buyouts are popping up all over the government. And even if you are not in the market, they may have an impact on your job, your promotion potential and, if you are planning to retire anyhow, how quickly you get your first full annuity payment, Senior Correspondent Mike Causey says.
What do you see when you look in the mirror? Is it a dedicated IRS auditor, a serious federal agent or a compassionate VA employee? Or, do you have a Charles Dickens moment and spot the ghost of Christmas Future - you after you have retired? While feds have mostly held on to their jobs, things could change quickly, Senior Correspondent Mike Causey says.
Host Mike Causey moderates a roundtable discussion
of sequestration, postal service buyouts, and
August 15, 2012
Tags: pay and benefits , sequestration , Paul Ryan , budget battle , NARFE , Joseph Beaudoin , Steve Watkins , Sean Reilly , Federal Times , USPS , early retirements , Social Security , TSA , OPM backlog , Mike Causey , Your Turn with Mike Causey
While some federal agencies are offering buyouts ranging from $15,000 to $25,000, the giant Social Security Administration is trying a new approach: No Cal buyouts. Senior Correspondent Mike Causey says if they catch on, your agency may be next.