No Consulting for Postal Execs

The Washington Post reports today that Postmaster General Marvin Runyon has issued a memorandum severely limiting the circumstances under which retiring postal executives can return to USPS as consultants.

Under the new policy, postal executives cannot be rehired by the agency under consulting contracts for five years following their retirement.

"This policy is required because often the contract compensation, in addition to an individual's annuity, may be viewed as excessive and therefore not appropriate for an agency serving the public," Runyon wrote in his memo.

There is a loophole in the new policy, the Post reported. USPS may directly rehire former employees who have retired with an annuity, provided their combined retirement pay and active pay is not greater than the salary for the position they are filling.

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by eSignLive by VASCO

    Mobile E-Signatures for Government

    Learn 5 key trends that accelerate government demand for mobile signing.

    Download
  • Sponsored by Management Concepts

    SPONSORED: Successful Change Management Practices in the Public Sector

    How governmental agencies implement organizational change management.

    Download
  • Sponsored by Kronos

    Solving the Workforce Compliance Challenge

    Download this eBook to learn how data and automation can help state and local agencies.

    Download

When you download a report, your information may be shared with the underwriters of that document.