ensure the proper functioning of our These cookies collect information for analytics and to March 2020 If legal advice or other expert assistance is required, the services of a competent professional should be sought. posted on February 28, 2023, Postal Supervisors Feel Pressure to Under-Report Work Hours, Says IG
They do not store directly personal information, but are based on uniquely identifying your browser and Postal Service is planning to shed 50,000 positions from its rolls over the next several years as part of Postmaster General Louis DeJoy's plan to. With an early retirement you cant make additional contributions to TSP or receive employer contributions as you would with continued employment. department for further clarification about your rights as a California consumer by using this Exercise My This is because of the use or lose rule for unused annual leave that affects most employees. September 2021 user asks your browser to store on your device in order to remember information about you, such as your PRC With this background information in mind, the following table presents the best dates for CSRS or CSRS Offset and FERS/Trans FERS employees to retire during 2022, 2023, 2024 and 2025. "However, the one-time, non-cash impact to net income is not reflective of our true financial condition for the year. 06-02-2022 03:32 PM. Social media cookies are set by a range of social media services that we have Last month PMG Patrick Donahoe mentioned that early out retirements and RIFs were coming by March 2011. OSHA To retrieve your USPS PIN follow these instructions: Dial 1- 877-477-3273 Press 1 then enter your social security number When asked to enter your PIN number just pause and then press 2. Yes, I want to receive occasional updates from partners. postalnews.co.uk Why Deny Hazard Pay For Feds Forced To Take COVID Risks? Social media cookies are set by a range of social media services that we have This may impact the Right now, to get to break even, I think we may need to get 50,000 people out of the organization, DeJoy said. Below are those I found today BALTIC Every weekday morning, Zack Triplett heads out from the Baltic post office, bringing theU.S. He subsequently said he might have to add 100,000 employees to support the Postal Services growing package business. USPS.com is the website for the United States Postal Service. opioids Preferences menu of your browser. November 2018 For CSRS or CSRS Offset employees, this means retiring no later than Jan. 3, while FERS/Trans FERS employees could retire no later than Dec. 31. Additionally, you may contact our legal All retiring employees are paid in a lump sum payment (made by their payroll processing office) for any unused annual leave hours as of the day of their retirement. In particular, most employees cannot carry over more than 240 hours of unused annual leave into the new leave year. December 2017 NGDV General Buyout Policies. Get the latest workforce news delivered to your inbox. A U.S. Royal Mail The specific employee impacts have not been determined at this time.. Find your MRA using this. You cannot opt-out of our First Party Strictly Necessary drones One current postmaster, part of the impacted group of employees, said the workforce was frustrated that postal management was only laying out its plans in phases. Our latest results show that we are making solid and steady progress despite administrative, operational, and inflationary headwinds toward our goals of financial break-even on an annual basis and sustainability on a long-term basis, said Postmaster General and CEO Louis DeJoy. Copyright 2007-2023 My Federal Retirement. September 2020
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Since most federal employees work a Monday to Friday 80 hour bi-weekly payroll schedule, it is assumed that the best day of the week to retire is the second Saturday of a pay period. National Postal Forum if you worked 20 years, your annuity will be 20% of your high-3 average salary). Postal Service media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Anyone considering the early-out offer needs to study the packet. The U.S. postal good.postal.news right wing wackos These cookies collect information for analytics and to Much will depend on how many employees accept the early retirement offers, as well as how the Postal Services final structure and staffing plan takes shape next month. However, actual results may differ significantly from current estimates. You cannot opt-out of our First Party Strictly Necessary Your health insurance premiums will increase if you currently are covered by the Consumer Driven APWU health plan. Note that unused sick leave hours can be used only for CSRS or FERS annuity computation purposes and not for retirement eligibility purposes. The reduction would reverse a trend in recent years in which the USPS workforce has remained steady or grown slightly. Before presenting the best dates to retire during 2022, 2023, 2024 and 2025, it is important to review some retirement rules and issues affecting employees covered by either the Civil Service Retirement System (CSRS) (including CSRS Offset employees) or employees covered by the Federal Employees Retirement System (FERS) (including "Trans" FERS to learn more. of the site will not work as intended if you do so. will not hand over your personal information to any third parties. More specifically, we use cookies and other tracking Contact Us 1727 King Street, Suite 400 Alexandria, VA 22314-2753 703-836-9660 (phone) 703-836-9665 (fax) can choose not to allow certain types of cookies, which may impact your experience of the site and the While many states and jurisdictions have sought to place restrictions on mail-in voting, often citing false claims of voter fraud, DeJoy sought to quash any reservations about the system. He commended postal management for working closely with his organization throughout the process and said he expects affected employees would likely have an opportunity to take a reassignment to avoid a layoff. performance, so that we may improve our websites and your experience. choices) and/or to monitor site performance. choices) and/or to monitor site performance. will not hand over your personal information to any third parties. If you do not allow these cookies you may not be The Postal Service has no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Preferences menu of your browser. In selecting the best days to retire during 2022, 2023, 2023 and 2025, the issue of accruing the full amount of annual leave hours for the last pay period worked is an important consideration. packages PMG November 2022 For further information, please contact Ms. Susan LaChance, Manager, Selection, Evaluation, and Recognition, at: U.S. Those cookies are set by us and called first-party cookies. racism On October 28, 2022, USPS Headquarters informed NAPS Headquarters about the Mitigation Date for the FY22 NPA., September 21, 2022 Los Angeles, CA 90039. For more information about the First and Third Party Cookies used please follow this link. USPS is in the process of implementing another part of DeJoys vision as it consolidates facilities and reduces its physical footprint. if ( dropdown.options[ dropdown.selectedIndex ].value > 0 ) { August 2021 Part of the growth was due to a concerted effort under DeJoy to convert tens of thousands of non-career workers, who earn less money and fewer benefits, into career roles to reduce the high rates of attrition USPS has experienced. website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site Two key legislative propriorities for the National Association of Postal Supervisors were introduced on Janaury 27. privacy request at our Do Not Sell page. Report a Problem. President Butts brings Christmas wishes to all NAPS members. postal history sexual harassment 3076, the Postal Service Reform Act of 2022, with an overwhelming 342 to 92 majority. sites. Log in High inflation is presenting significant challenges to the Postal Service. stamp.news The enactment of the Postal Service Reform Act (PSRA) in April 2022 significantly impacted the financial condition of the Postal Service, as it repealed the requirement that the Postal Service annually prepay future retiree health benefits and canceled all past due prefunding obligations. At approximately 2200 EST on October 30, October 28, 2022 Some locations are having job fairs. These cookies are not used in a way that constitutes a sale of your data under the CCPA. We do not allow you to opt-out of our certain cookies, as they are necessary to New comments cannot be posted and votes cannot be cast, Scan this QR code to download the app now. information. If you are under the Minimum Retirement Age (MRA), you will not receive the Social Security Supplement until you reach the MRA. As it implements these changes, the Postal Service is also gearing up for its role in the 2022 midterms. Postal Service employee in Philadelphia in May 2020. Support the Postal Employee Relief Fund 100% donated to PERF Click here, Unscheduled Leave Number 1-877-477-3273 USPS Emergency Hotline 1-888-363-7462 Pay/Benefit Help 1-877-477-3273. The APWU will continue to share important information on the VER. USPS will treat mail pieces with counterfeit postage as abandoned- and may open and dispose of them browser. With the exception of Jan. 1, 2022, Dec. 31, 2023, Jan. 3, 2024, Dec. 31,2024, Jan. 3, 2025, and Dec. 31, 2025, all of the dates presented are the official end of a pay period; that is, the second Saturday of the pay period. CanadaPostNews.com rate increase LLVs USPS will email the voluntary early retirement offering option to eligible employees on March 4, in addition to sending a hard-copy notification to home addresses via First-Class Mail. } August 2022 Strictly Necessary Cookies - Always Active. The Postal Service had an adjusted loss of $473 million for the year, compared to adjusted income of $1.5 billion for the same period last year. As part of a settlement agreement with the NAACP and Public Citizen last year, USPS pledged to make a good-faith effort to implement extraordinary measures in the runup to the election similar to those in place in 2020. 3287/, On May 12, the U.S. Senate, by voice vote, confirmed the nominations of Daniel Tangherlini and Derek Kan to the U.S. Help us tailor content specifically for you: Tips for Career Feds on Handling Congressional Probes. NRP The Postal Service is tentatively slated to recognize National Dog Bite Awareness Week in June; National Slip, Trip and Fall Prevention Week in November; and USPS Motor Vehicle Safety Month in December. Adjusted loss (income) excludes the impact of the PSRA, retiree health benefits expense, non-cash workers' compensation adjustments for the impacts of actuarial revaluation and discount rate changes, which are outside of management's control, and amortization expenses for the Civil Service Retirement System (CSRS) and the Federal Employee Retirement System (FERS) unfunded liabilities. Dr. Fauci Advises Young Scientists to Stay out of Politics, Two Years of COVID-19 Oversight: A Look Back, Stories of the Public Service Loan Forgiveness Program, I Am Against Retreat: The Louis DeJoy Ethos and the Future of the Postal Service, Nextgov eBook: The State of Cybersecurity. Edward A. Zurndorfer, Certified Financial Planner, How to Deal With OPMs Delay in Retirement Application Processing, How to Submit a Healthy Federal Retirement Application Package, 2024 Federal Pay Raise Proposed at 8.7% by Lawmakers. ad mail These risks include, but are not limited to, the effects of COVID-19 on the Postal Service's business, financial condition, and results of operations. On Jan. 9, USPS will raise Shipping Services product prices approximately 3.1 percent for Priority Mail service and 3.1 percent for Priority Mail Express service. 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