September 25: Don't Miss This Deadline If You're Eligible for the 2009 One-Time Incentive Offer!

If you want to leave under the 2009 One-Time Incentive Offer by taking optional retirement, or the VER early out, or a voluntary separation, September 25 is your last day to submit your election—you must apply by this date. VER-eligible employees “opt in” by signing and mailing the irrevocability statement.

The incentive is available to eligible employees represented by APWU and NPMHU who are optionally eligible for retirement; who are eligible for voluntary early retirement (VER), or those who want to voluntarily separate from the Postal Service as of Oct. 31, 2009. With a few exceptions, the offer extends to full-time, part-time regular and part-time flexible employees from the APWU and NPMHU.

The $15,000 incentive for full-time employees will be paid in two installments, depending on retirement or separation date. Most employees will receive $10,000 in November 2009 and $5,000 approximately a year later. The incentive for part-time employees will be prorated based on an agreed upon payment plan that factors in the number of hours an employee has worked.