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

This entry was posted in APWU Newswire, Local, Retirement. Bookmark the permalink.

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