Employees Have Until Oct. 27
To Make Final Early-Out Decisions

Burrus Update #18-03, Sept. 8, 2003

The Postal Service has notified employees that decisions to elect - or revoke - Voluntary Early Retirement must be made in writing no later than Oct. 27, 2003.

This differs from information in Update #8-03, issued June 4, which was based on information provided to us by the Postal Service at that time.

Eligible employees were invited to complete forms indicating their interest in early retirement beginning in July. Employees are eligible if they will be age 50 or older as of Nov. 1, 2003, with at least 20 years of creditable service as of Oct. 31, 2003. Employees of any age are eligible if they will have at least 25 years of creditable service as of Oct. 31. The effective date for retirement will be no sooner than Oct. 31, 2003.

In the meantime, the union is taking all necessary steps to enforce our agreement with management to offer voluntary early retirement to all eligible APWU-represented employees. More information on that matter will be provided shortly.

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