Postal Service to Offer Early Retirement to 15,000 Employees

1 min read

us postalThe U.S. Postal Service, in an ongoing effort to reduce costs by making its workforce smaller, has sent early retirement offers to more than 15,000 employees.

The employees are all a part of the executive and administration schedule which include managers, supervisors and local postmasters.

“The [Voluntary Early Retirement option] is a tool the Postal Service uses to lessen the impact on employees who are potentially impacted by organizational change,” said Patricia Licata, a USPS spokeswoman.

The employees who decide to leave early will receive their retirement benefits early but not any standalone financial benefits.

The selected employees gave received notices of their eligibility but will be mailed applications on September 20.

USPS has has cut its workforce by about 200,000 employees in the last several years.

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