VERA

Is Early Retirement Right For You?

The Postal Service will be offering voluntary early out retirement (VERA)
to eligible mail handlers and clerks, beginning January 8th.

Employees who accept the offers will be able to retire before they reach the standard requirements for age and years of service.

Eligible employees will receive their offer letters and annuity estimates at their addresses of record. Eligible employees who decide to accept an early-retirement offer can apply by completing and submitting the required documents by the deadline specified in their offer letters. For eligible employees who decide not to accept the offer, no response is required.

The Postal Service is not offering separation incentives to accept the early-retirement offer.
Voluntary Early Retirement offers apply to employees covered under both the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). When the Postal Service has received VERA approval from OPM, an employee who meets the general eligibility requirements may be eligible to retire early.

The employee must meet these minimum age and service requirements:

  • At least 50 years of age with at least 20 years of service.
    (or any age with at least 25 years of service)
  • At least 5 years MUST be creditable civilian service, not military service
    (Employees may use military service to meet the balance of service required for eligibility)

The above criteria MUST be met by the VERA effective retirement dates of January 31st, February 28th, or March 31st.

Call to Schedule a Free Consultation

1-866-201-7829 

GPIS offers Free retirement counseling services.

  • Understanding all aspects your retirement.
  • Free 1 on 1 retirement package completion.
  • Understanding your eligibility for FERS special supplement.
  • When you can expect this income to start and stop and the amount you will be receiving.
  • Understanding your interim period of your retirement.

• TSP Early Income options • Your Postal Pension • Taxes • Spousal Benefits • Health and Life Benefit • Sick Leave • Military Time • Re-Deposits

Call to Schedule a Free Consultation

1-866-201-7829 

or  Click the button below

Copy link
Powered by Social Snap