Thousands of postmasters take early retirement, buyouts

Nearly 3,800 postmasters accepted incentives to leave the U.S. Postal Service as of July 31, and hundreds more plan to join them in the coming weeks.

Postal Service spokesman Mark Saunders told the Federal Times that 3,776 postmasters had elected to leave at the end of July. An additional 95 plan to separate from the agency at the end of August, and another 233 will leave at the end of September. Saunders also said more postmasters could opt into the early retirement and buyout program in the coming weeks. The agency estimated that 7,400 total employees, including the postmasters, would take separation incentives granted in May.

Under a cost-cutting initiative known as the Post Office Structure Plan, thousands of postmasters were facing reduced hours or layoffs. The POStPlan would affect 13,000 post offices, served by 9,500 postmasters. Eligible postmasters received a $20,000 early-out incentive split into payments for 2012 and 2013.

Saunders told the Federal Times that vacant postmaster positions would be filled using internal candidates and job announcements.

USPS is under intense economic pressure. The agency defaulted last week on a $5.5 billion payment to prefund retiree health benefits and likely will miss another payment due in September.

POStPlan has come under some scrutiny, mainly it would severely cut services at rural post offices. These offices form the central social and information hub for many small towns with limited Internet access.
Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
Close [ x ] More from GovExec

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

  • Sponsored by Brocade

    Best of 2016 Federal Forum eBook

    Earlier this summer, Federal and tech industry leaders convened to talk security, machine learning, network modernization, DevOps, and much more at the 2016 Federal Forum. This eBook includes a useful summary highlighting the best content shared at the 2016 Federal Forum to help agencies modernize their network infrastructure.

  • Sponsored by CDW-G

    GBC Flash Poll Series: Merger & Acquisitions

    Download this GBC Flash Poll to learn more about federal perspectives on the impact of industry consolidation.

  • Sponsored by One Identity

    One Nation Under Guard: Securing User Identities Across State and Local Government

    In 2016, the government can expect even more sophisticated threats on the horizon, making it all the more imperative that agencies enforce proper identity and access management (IAM) practices. In order to better measure the current state of IAM at the state and local level, Government Business Council (GBC) conducted an in-depth research study of state and local employees.

  • Sponsored by Aquilent

    The Next Federal Evolution of Cloud

    This GBC report explains the evolution of cloud computing in federal government, and provides an outlook for the future of the cloud in government IT.

  • Sponsored by Aquilent

    A DevOps Roadmap for the Federal Government

    This GBC Report discusses how DevOps is steadily gaining traction among some of government's leading IT developers and agencies.

  • Sponsored by LTC Partners, administrators of the Federal Long Term Care Insurance Program

    Approaching the Brink of Federal Retirement

    Approximately 10,000 baby boomers are reaching retirement age per day, and a growing number of federal employees are preparing themselves for the next chapter of their lives. Learn how to tackle the challenges that today's workforce faces in laying the groundwork for a smooth and secure retirement.

  • Sponsored by Hewlett Packard Enterprise

    Cyber Defense 101: Arming the Next Generation of Government Employees

    Read this issue brief to learn about the sector's most potent challenges in the new cyber landscape and how government organizations are building a robust, threat-aware infrastructure

  • Sponsored by Aquilent

    GBC Issue Brief: Cultivating Digital Services in the Federal Landscape

    Read this GBC issue brief to learn more about the current state of digital services in the government, and how key players are pushing enhancements towards a user-centric approach.

  • Sponsored by CDW-G

    Joint Enterprise Licensing Agreements

    Read this eBook to learn how defense agencies can achieve savings and efficiencies with an Enterprise Software Agreement.

  • Sponsored by Cloudera

    Government Forum Content Library

    Get all the essential resources needed for effective technology strategies in the federal landscape.


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