Share This Page

Postal Service to offer buyouts

| Friday, Sept. 6, 2013, 6:24 p.m.

WASHINGTON — Continuing its cost-cutting efforts, the Postal Service is planning to offer early retirement to thousands of employees at the management and executive levels, according to a group with knowledge of the discussions.

The Postal Board of Governors began considering pricing issues on Thursday, including a potential rate increase that's alarming mailers of newspapers and magazines, advertising and other bulk correspondence.

The mailing industry has mounted a public relations offensive against what it says could be a request for a steep rate increase, arguing to the board and in the media that raising prices is premature and would hurt their business and, ultimately, the Postal Service.

Board spokesman David Partenheimer said that members reached no decision Thursday and that they will continue listening to stakeholders, with a possible vote at their next meeting, in late September.

Regarding the early retirement offers, the National Association of Postal Supervisors (NAPS) said on its website that USPS will notify eligible workers starting Sept. 16. The retirements would take effect at the end of December for Civil Service Retirement System participants, and at the end of January for workers applying for the Federal Employees Retirement System, NAPS said.

TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.