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Tuesday, June 05, 2012

The Postal Service Has Begun Buyout Talks With Its Biggest Union

The American Postal Workers Union said it has had informal conversations and hasn't discussed any official offers. The union said other outstanding issues needed to be settled first. It didn't go into more detail on its website, but the cash incentive was likely to be a sticking point. Another union — the National Postal Mail Handlers — agreed to a $15,000 buyout deal for its members. The agency is offering slightly more — $20,000 — to select postmasters, but the government standard is $25,000.

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