Fedweek

Within three years half of Postal Service executives will be eligible to retire—more than a third of them already are—but substantial numbers of those positioned to take their places also are or will be eligible to retire themselves, a postal IG report has said. The figures reflect an issue that is common among all agencies as the baby boom generation hits retirement eligibility, but is particularly acute at USPS. About 30 percent of the potential successor employee group already is retirement-eligible and in seven years, when presumably they would have moved up, 73 percent of them will be eligible. USPS has career development programs aimed at succession planning in place but more needs to be done, the report said, adding that “developing leaders at the executive level takes time.”