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Thousands of postmasters take early retirement, buyouts

Postal Service spokesman Mark Saunders told the Federal Times that 3,776 postmasters had elected to leave at the end of July. An additional 95 plan to separate from the agency at the end of August, and another 233 will leave at the end of September. Saunders also said more postmasters could opt into the early retirement and buyout program in the coming weeks. The agency estimated that 7,400 total employees, including the postmasters, would take separation incentives granted in May.