$15,000 Buyout
Update 10/3/09
DON’T DELAY
FINISH YOUR RETIREMENT
PAPERWORK SOONER, NOT LATER
If
you’re one of the more than 22,000 employees who decided to take advantage of
the 2009 Early Out Incentive Option prior to the Sept. 25 deadline, you need to
know there’s no time like the present to complete your retirement process. This
means scheduling your group counseling session and then mailing your paperwork
to the Human Resources Shared Services Center (HRSSC) in Greensboro, NC.
The
actual deadline for returning your paperwork is prior to your retirement
effective date. But the large number of people who applied for the early out
option means those who procrastinate could risk a delay in receiving their first
annuity check, and no one wants that to happen.
What
could cause a delay? Once the paperwork is in, HRSSC processes the forms and
sends them to payroll where additional information is added. The package is then
sent to the Office of Personnel Management for final processing. Retiree
applicants who wait until the last minute, incorrectly complete their retirement
forms, or fail to complete the forms will cause delays at all three critical
processing points.
And
speaking of delays, USPS cannot authorize an applicant’s Early Out Incentive
payment until all required paperwork has been finalized.
Everyone involved will work to make sure all applications are processed and
routed through the system in a timely manner and that no one experiences
unnecessary delays. But time and resources are limited, and anything applicants
can do to speed the process along is a plus.
So
don’t wait. Complete the forms as soon as you can after you’ve finished your
counseling sessions. When it comes to processing 22,000 retirements and
separations, first-in, first-out is the order of the day.
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