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To reduce career complement in tandem with reduced mail volume, the Office of Personnel Management authorized a request early in the year for a voluntary early retirement (VER) with no incentives for eligible field employees. The VER was offered in four phases and 13,271 employees retired under this offer.
In August an agreement was negotiated with the American Postal Workers Union and the National Postal Mail Handlers Union to offer a $15,000 financial incentive to the first 30,000 employees who agreed to retire or resign. The incentive, limited to employees represented by those unions, is to be paid out over two years. By October 31, 2009, over 20,000 employees had agreed to retire or separate under this offer.
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