ONE-TIME RETIREMENT INCENTIVE OF $15,000.00 FOR OPTIONAL RETIREMENT OR RETIREMENT PURSUANT TO VOLUNTARY EARLY RETIREMENT (VER)
The NPMHU and the USPS have reached an agreement on the terms of a One Time Retirement Incentive. The parties have agreed that the Postal Service will make lump sum incentive payments totaling $15,000 (less applicable taxes and deductions) to eligible full-time career employees who choose optional retirement or retirement pursuant to a Voluntary Early Retirement (VER). Part-time career employees shall be eligible for a prorated amount based on their paid hours. The January 13, 2025 Memorandum of Understanding (MOU), which sets forth the terms of this agreement, is available at npmhu.org.
Eligible employees will be sent a hard-copy notification to their home address on record via First-Class Mail on or around January 31, 2025.