Ask The Experts: Retirement

By Reg Jones

Buyout

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Q.  As a career postal carrier, I understand that I am not immune to the “no layoff” clause of the national agreement since I have less than six years of service, nor am I eligible for early retirement. Would the Postal Service consider offering  voluntary layoff  buyouts for someone in my situation? Have they ever offered such buyouts in the past?

A. There is no provision in law that would permit the payment of buyouts for that purpose.

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Comments

  1. Ronald S Neal Says:
    November 30th, 2011 at 1:45 am

    I believe the last buyout offered by the Postal Service to craft employees covered by APWU paid a lump sum to either retire or resign.

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