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OPM Publishes New 'Early Out' Regulations
Burrus Update #9-03, June 13, 2003
The Office of Management and Budget has given final approval to new regulations governing Voluntary Early Retirement Authority for federal agencies, and the Office of Personnel Management published the revised rules in the Federal Register today, June 13, 2003. The regulations take effect immediately.
The Postal Service's Jan. 23 request for authority to grant voluntary early retirement to APWU-represented employees, which has been pending publication of the new rules, will now be considered by OPM.
I will meet with USPS officials June 20 to review the procedures for offering early retirement opportunities to our members.
Local unions will be informed of the specific steps to be followed.
As additional information becomes available, it will be shared in a future update.