Ask The Experts: Retirement

By Reg Jones

Retroactive buyouts for USPS retirees

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Q: According to the American Postal Workers Union, the grievance to give postal employees who took early out in 2008 and 2009 severance pay is now 15 months old. Is this going to happen? I voluntarily left, moved over for the next person, then in October 2009, they came out with the $15,000 buyout. I feel that postal employees who retired early really got the shaft.

A: No one who accepts an offer to retire early is eligible for severance pay. On the other hand, what you may be asking is whether the U.S. Postal Service is going to give a buyout payment to those employees who weren’t offered one when they retired in 2008 and 2009. To the best of my knowledge, there is no basis in law for them to do that.

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Comments

  1. Ossana Canabate Says:
    May 26th, 2011 at 9:01 pm

    I retired in 2008 and I feel cheated also. I think if we paid for the union so many years they should be fighting to do
    something to get us some type of retroactive compensation. We were told that there was not going to be any incentive paid in the future and then it happened serveral months later for $15,000. Even if we didn’t get the full amount I think the union should do something for us paying due members.

  2. will fart Says:
    January 16th, 2012 at 11:50 am

    Well, I guess you’re just a dumb shit who feels like he hasn’t bled the USPS dry enough yet.
    Nobody owes you anything!

  3. Kevin W Says:
    November 26th, 2012 at 4:33 pm

    Check pre-arbitration settlement 6-6-2007, USPS signed off on the fact that emploees who take the VER are also entited to severance and any earned annuity.

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