The Postal Service ended 2021 with nearly 517,000 career employees, its highest total since 2012. Retiring employees who have more than 240 hours of unused annual leave towards the end of the leave year do not want to retire after the start of the new leave year. First-Class Mail revenue increased $772 million, or 3.3 percent, despite a volume decline of 1.7 billion pieces, or 3.4 percent, compared to the same period last year. July 28, 2022 Postal Service Elections The U.S. Meta if ( dropdown.options[ dropdown.selectedIndex ].value > 0 ) { Receive our latest updates by signing up our newsletter! user asks your browser to store on your device in order to remember information about you, such as your These cookies collect information for analytics and to Visit www.allaboutcookies.org heat Employees who decide to accept the offer can apply by completing and submitting the required documents by April 16; the retirements will take effect April 30. use third-party cookies which are cookies from a domain different than the domain of the website you are Postmaster General Louis DeJoy today announced a 3% salary increase for all non-bargai, Effective September 24, 2022 and reflecting on an employee's October 14, 2022, pay statement, all EAS and Pay Band Non-bargaining unit employees will receive a three percent salary increase re, The House Oversight and Reform Subcommittee on Government Operations has invited NAPS President Ivan Butts to testify on Wednesday, September 7, at its postal oversight hearing. Partenheimer declined to comment on whether RIFs could be forthcoming. eBay ensure the proper functioning of our The State Attorneys Office told the I-TEAM that it is not filing charges against the dog owner, while an OSHA investigation did not result in any safety violations. 2023 by Government Media Executive Group LLC. postal services we are able to offer. browsers and GEMG properties, your selection will take effect only on this browser, this device and this FEHBP NPMHU The dates shown in the table below were determined based on OPMs 2022 2023, 2024 and 2025 leave year calendars used by most Federal Executive Branch agencies. 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. tracking your browser across other sites and building up a profile of your interests. September 2020 The U.S. The Postal Service published a list of 93 questions and answers shared with our members in an earlier Web article. 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. Help us tailor content specifically for you: Tips for Career Feds on Handling Congressional Probes. Therefore we would not be able to track your activity through the January 2018 The Postal Service has announced a limited early retirement opportunity effective April 30 for certain non-bargaining unit employees at headquarters, headquarters-related, area and district. You are eligible for USPS-sponsored retirement counseling both group and individual. December 2018 For information on service impacts due to Hurricane Ian, see our Service Alerts. postu.be if the Postal Service moves forward with misguided plans to reduce the workforce, the Postal Service should offer a monetary incentive for those eligible for regular retirement as well employees eligible for an early-out. The Combined Federal Campaign is slated to conclude Jan. 15. 10 Ways to Get Your Financial Plan on Track in the New Year, How to Report Dividend Income on the 2022 Federal Income Tax Return. LLV fires These impacts are reflected as a one-time, non-cash benefit of $57.0 billion to net income for the year. postalnews.co.uk can choose not to allow certain types of cookies, which may impact your experience of the site and the FERS employees (including Trans FERS employees) are treated differently with respect to the effective retirement date and the issuance of their first FERS annuity check (and CSRS annuity check in the case of Trans FERS employees). The Postal Service has announced a limited early retirement opportunity effective April 30 for certain non-bargaining unit employees at headquarters, headquarters-related, area and district offices as part of its latest reorganization steps. By Daniella Genovese FOXBusiness. The reduction would reverse a trend in recent years in which the USPS workforce has remained steady or grown slightly. service standards 06-02-2022 03:32 PM. function onCatChange() { You can usually find these settings in the Options or A U.S. Bud Budderly said: There's a rumor circulating in our office started by a supervisor who is normally a reliable source. On Jan. 9, USPS willraise Shipping Services product pricesapproximately 3.1 percent for Priority Mail service and 3.1 percent for Priority Mail Express service. 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. Aug. 14, 2020. (function() { 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. can set your browser to block or alert you about these cookies, but some parts of the site will not work as CVS Copyright 2007-2023 My Federal Retirement. All rights reserved. If you want to opt out of all of our lead reports and lists, please submit a High inflation is presenting significant challenges to the Postal Service. If a CSRS or a CSRS Offset employee retires on the 4th through the last day of any month, then the employees retirement becomes effective the first day of the following month with the first annuity check dated the first day of the month thereafter. 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. 1300 L Street NW February 2023 There are rumors of an early-out retirement option going around at my office. #6. if you worked 20 years, your annuity will be 20% of your high-3 average salary). You language preference or login information. Your life insurance coverage (FEGLI) may change. November 2019 information. 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. April 2021 Search We also use cookies to personalize your experience on our websites, including by APWU to learn more. This column discusses the suggested best dates to retire for CSRS and FERS employees during 2022, 2023, 2024 and 2025. November 2022 If you are under the Minimum Retirement Age (MRA), you will not receive the Social Security Supplement until you reach the MRA. COLA BOG More specifically, we use cookies and other tracking Want to stay up to date with the latest federal news and information from all your devices? In so doing, these retiring employees can almost maximize the amount of their unused annual leave hours. However, you September 2021 and analytics partners. 3370 Glendale Blvd. personalize your experience with targeted ads. These cookies collect information for analytics and to Christmas The Voluntary Early Retirement (VER) recently announced for eligible Clerk Craft employees by the Postal Service has generated many questions from the members of the APWU. The United States Postal Service awarded contracts today for 9,250 commercially available left-hand drive (LHD) battery electric vehicles (BEVs) as well as initial orders for more than 14,000 charging stations to be deployed at Postal Service facilities LAFAYETTE, Ind. see some advertising, regardless of your selection. 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 UPS May 2020 OPM 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. NALC browser. A customer Bought two Vintage Hats in Feb 2022, they are still in . The non-career workforce has remained fairly steady in recent years at 136,000. Get the latest workforce news delivered to your inbox. January 2023 All rights reserved. your data under the CCPA. information by using this toggle switch. These cookies are not used in a way that constitutes a sale of MAGABomber podcast 1, 2022. var dropdown = document.getElementById( "archives-dropdown-2" ); dogs Personal Information. Those who apply for the early-out will see financial/income impacts, including: If you are an employee covered by CSRS, you will have your annuity reduced by 2% for each year you are under age 55. "However, the one-time, non-cash impact to net income is not reflective of our true financial condition for the year. self driving vehicles FEHBP Open Season privatization February 2019 Yes, Government Executive can email me on behalf of carefully selected companies and organizations. Voluntary early retirement offers included May 4, 2021 at 1:45 p.m. DeJoy recently unveiled a 10-year business plan that included a proposal to resume those closures and consolidations. Marketing Mail revenue increased $1.4 billion, or 9.7 percent, on volume growth of 894 million pieces, or 1.4 percent. These cookies are not used in a way that constitutes a sale of your data under the CCPA. The Postal Service's operating revenue was $78.5 billion for the year, an increase of $1.5 billion, or 1.9 percent, despite a volume decline of 1.6 billion pieces, or 1.2 percent, compared to the same period last year. March 2021 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. If you do not allow these cookies you may not be USPS is in the process of implementing another part of DeJoys vision as it consolidates facilities and reduces its physical footprint. They do not store directly personal information, but are based on uniquely identifying your browser and My Federal Retirement is not affiliated with the U.S. Federal Government. However, there are different . REC This may impact the NAPS October 2018 Additionally, you may contact our legal Click on the different category headings to find out more and change our cookies (and the associated sale of your Personal Information) by using this toggle switch. intended if you do so. We do not allow you to opt-out of our certain cookies, as they are necessary to February 8, 2022. You may exercise your right to opt out of the sale of personal Leave Earning for Career Employees Annual Leave: {1-3 years = 13 days} Amazon podcasts 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. FedEx good.postal.news Executive Board, By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. January 2020 Preferences menu of your browser. OIG To be eligible, one must have at least 50 years of age with at least 20 years of service, or any age with at least 25 years of service. Layoffs may be looming for U.S. content and messages you see on other websites you visit. This is because most retiring employees will not be in receipt of their first full CSRS or FERS annuity check until at least two months after they retire. December 2019 off topic Select Category Click on the different category headings to find out more and change our 703-836-9660 (phone) Aviation mail security & hazardous materials. CanadaPostNews.com First-Class Mail revenue growth was due to price increases, while volume continued to decline due to on-going migration from mail to electronic communication and transaction alternatives and remains lower than pre-pandemic levels. For FERS and Trans FERS employees, the best day of the month to retire is within the last three days of the month. Sale of Personal Data, Targeting & Social Media Cookies, Under the California Consumer Privacy Act, you have the right to opt-out of the Novembe, The NAPS family is saddened to hear of the loss of two lives in the senseless shootings that occurred overnight at the USPS Facility in Chattanooga, TN. 6 Represents expense for the actuarially determined normal cost of retiree health benefits for current employees based on OPM's invoices for obligations that were due by September 30, 2021, less the increase of $303 million in the annual normal cost attributable to revised actuarial assumptions and discount rate changes. American Postal Workers Union, AFL-CIO NRP internet device. We are rising to meet these challenges through strategic management of our business that will allow us to continue providing high-quality service to the American public while supporting our employees and achieving long-term financial sustainability.". Privacy Policy ensure the proper functioning of our Visit www.allaboutcookies.org holidays /* ]]> */ passports determining the most relevant content and advertisements to show you, and to monitor site traffic and You may exercise your right to opt out of the sale of personal Postal Service Board of Governors. may be used by those companies to build a profile of your interests and show you relevant adverts on other performance, so that we may improve our websites and your experience. This website uses cookies to enhance user experience and to analyze performance and August 2018 And it'll continue to be safe because we pay a lot of attention to it., NEXT STORY: 594, focuses on providing EAS level postal employees wi, NAPS Headquarters has been officially notified that all exempt Postmasters level 22 and below and all exempt Station Managers of Customer Service will be entitled to additional pay should the. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The Postal Service estimates that only 1,712 of the 10,522 APWU represented employees will accept the VER. The early retirementswhich will allow for retirement with immediate eligibility for an annuity under either CSRS or FERS at age 50 with at least 20 years of federal service or at any age with at least 25will not be accompanied by buyout incentive payments, however, in contrast to prior rounds of downsizing over the last decade and more. It has already helped deliver ballots for 42 primaries, runoffs and special elections this year, postal officials told reporters on Thursday, and is seeing a nearly 200% increase in volume compared to this point of the 2018 midterm season. 0 Likes . CCAs May 2021 Social media cookies are set by a range of social media services that we have The National Association of Postal Supervisors, the management association that represents most of the impacted workers, said USPS has informed the group there could be a RIF forthcoming. With an early retirement you cant make additional contributions to TSP or receive employer contributions as you would with continued employment. Ballots are taking 1.8 days on average to go from election officials to voters, and 0.7 days to from the voters back to the officials. Find your MRA using this. You can usually find these settings in the Options or At approximately 2200 EST on October 30, October 28, 2022 Highway transportation expense increased $696 million, or 12.8 percent, partially due to higher average diesel fuel costs for long-haul transportation as a result of inflation. You may opt out of our use of such postal finances World.Postal.News Sponsored: Reimagine Health and Human Services, convert tens of thousands of non-career workers, slash tens of thousands of non-union jobs, settlement agreement with the NAACP and Public Citizen, GovExec Daily: Schedule F Might Be Coming Back, Do Not Sell My Christmas stamps You will still You will still drunk driving LLVs 9:00a.m.-3:00p.m. packages 3076, the Postal Service Reform Act of 2022, with an overwhelming 342 to 92 majority. Archives Archives workers comp For example, if a CSRS or a CSRS Offset employee retired on Jan. 1, 2022, then the employees retirement became effective on Jan. 2, 2022. However, actual results may differ significantly from current estimates. document.location.href = this.options[ this.selectedIndex ].value; racism Effective September 24, 2022 and reflecting on an employee's October 14, 2022, pay statement, all EAS and Pay Band Non-bargaining unit employees will receive a three percent salary increase re Read More NAPS President Ivan Butts to Testify Before House Oversight and Reform Subcommittee on Government Operations September 6, 2022 The National Association of Postal Supervisors, which represents 27,000 active and retired USPS . dropdown.parentNode.submit(); ashes The Postal Service's early retirement offer has given new (probably false) hope to feds in other agencies who would love to retire early on an immediate but reduced annuity. posted on March 1, 2023, SHOW Up Acts Potential Implications on Extended Use of Telework for Federal Employees Employees must be at least 50 years old with 20 years of federal service, or any age with 25 years of service, to qualify for early retirement. September 2018 We seem to be left in the dark this time around, the postmaster said. TSP withdrawal restrictions are not eased for those accepting a VERA. President Butts brings Christmas wishes to all NAPS members. technologies for the following purposes: We do not allow you to opt-out of our certain cookies, as they are necessary to } Inside one sprawling facility at Florence and Central avenues in Los Angeles, which serves 92 L.A.-area post offices, seven delivery bar code sorters were removed in June, leaving . postmasters The agency has cut more than 200,000 positions since its peak around the turn of the century, but the total has largely stabilized in recent years. postal reform The USPS said it plans to announce final structure and staffing in May. May 2018 Mail truck fire in Wisconsin We also Why Deny Hazard Pay For Feds Forced To Take COVID Risks? The organization hasannounced plans for 20 stamp releasesnext year, including two Love stamps on Jan. 14 and Year of the Tiger, the latest Lunar New Year stamp, on Jan. 20. services we are able to offer. department for further clarification about your rights as a California consumer by using this Exercise My Therefore we would not be able to track your activity through the January 2019 In this meeting, the union also pressed its views that: Incentives have been offered numerous times in the past for both bargaining unit and supervisory employees. NAPS President Ivan . postal banking postal inspectors if ( dropdown.options[ dropdown.selectedIndex ].value !== '' ) { to take that as a valid request to opt-out. Note the following:: 1. This assumes that the end of pay period 26 (the end of the current leave year) occurs between Dec. 31st and Jan. 13th. February 27, 2023 Cyclist Blamed For His Own Death During Trial Of a USPS Truck Driver Who Killed Him On the evening of Tuesday, June 29, 2021, Jeffrey Williams was riding home for dinner in the northbound bike lane on Central Park West when he was fatally struck by a United States Postal Service (USPS) truck driver . The plan thats in process right now is an administrative headcount reduction of some 60,000 people that was brought about with our realignment, DeJoy said. 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. I've Googled and can't find anything. October 2022 Take advantage of every opportunity to learn the specifics about your retirement benefits. Employees who decide to accept the offer can apply by completing and submitting the required documents by April 16; the retirements will take effect April 30. There will be employee impacts as a result of district closings and administrative reductions, said Dave Partenheimer, a USPS spokesman. rural carriers of the site will not work as intended if you do so. The next price adjustment for market-dominant products is scheduled to happen in July. Pitney Bowes drones weather They do not store directly personal information, but are based on uniquely identifying your browser and Boston Man Charged with Armed Robbery of Postal Worker WASHINGTON - The U.S. VERAs allow employees with the right combination of age and service to retire early: at age 50 with 20 years of service or at any age with 25 years of service. The designated week was chosen to coincide with International Womens Day on March 8, a global event that has been observed since 1911. USPS first announced it would offer voluntary early retirement to eligible non-bargaining unit workers in early March. General Buyout Policies. rate adjustment If legal advice or other expert assistance is required, the services of a competent professional should be sought. Postal Service is planning to shed 50,000 positions from its rolls over the next several years as part of Postmaster General Louis DeJoys plan to cut the agencys financial losses, though it will rely on natural attrition to make the cuts. EEO The Postal Service unilaterally announced earlier today that it is offering Voluntary Early Retirement (VERA) to eligible mail handlers throughout the United States. For more information about the Postal Service, visit usps.com and facts.usps.com. sexual harassment To qualify for early retirement, employees must have at least 20 years of service and be 50 years of age or older, or 25 years of service at any age. NGDV The logic behind retiring within the last three days of the month (CSRS/CSRS Offset and FERS and Trans FERS employees), or within the first three days of the following month (CSRS/CSRS Offset employees) is to allow a retiring employee to receive his or her first annuity check as soon as possible; that is, within 4 to 5 weeks of the employees retirement date, as discussed above. The next price adjustment for market-dominant products is scheduled to happen in July. Postal clerks will be on hand to provide passport information and to accept passport applications, with no appointments necessary. penalty overtime If you opt out we will not be able to offer you personalised ads and Meanwhile, Independence Day will fall on a Monday in 2022 and Christmas Day will fall on a Sunday, as will New Years Day 2023. Anyone considering the early-out offer needs to study the packet. user asks your browser to store on your device in order to remember information about you, such as your December 2022 Postal Pulse The Postal Service is updating employees on its administrative restructuring. opioids While we are not where we want to be and still have far to go, the execution of our Delivering for America plan is producing greater operational efficiencies, improving service performance, generating more revenue, and enabling long-deferred investments to modernize our technology and operations infrastructure. When DeJoy first took office, the postmaster general led an effort toslash tens of thousands of non-union jobs by offering early retirement incentives and layoffs as part of a reorganization of its management structure. The Voluntary Early Retirement (VER) recently announced for eligible Clerk Craft employees by the Postal Service has generated many questions from the members of the APWU. Strictly Necessary Cookies - Always Active. Trans FERS employees are subject to the FERS rules with respect to retirement eligibility and are eligible to receive two annuities; namely, a CSRS annuity based on the years of service they were covered by CSRS and a FERS annuity based on the years they were covered by FERS. In December, the USPS made a change to how it ends its press releases that may seem subtle, but hammers home the Delivering for America marketing message USPS is hiring across the country. /* ]]> */ tracking your browser across other sites and building up a profile of your interests. cbus Postal Service employees. Next Generation Delivery Vehicle Shipping and Packages revenue decreased $700 million, or 2.2 percent, on a volume decline of 399 million pieces, or 5.3 percent, compared to the same period last year. Postal Service media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. web. dropdown.onchange = onCatChange; For example, if a FERS employee retired on Dec. 31, 2021, then the employees retirement became effective on Jan. 1,2022 and the annuitants first FERS annuity check will be dated Feb. 1, 2022. The subcommitt, On July 19, a broad coalition of representatives from the beverage and postal employee community are participating in a virtual lobbying day to promote the USPS Shipping Equity Act (H.R. Video. Personal Information. 4 Expense for the annual payments due September 30 of the respective year, calculated by OPM to amortize the unfunded CSRS retirement obligation. The APWU will continue to share important information on the VER. Information on who to contact and how to arrange counseling will be in the packet. My supervisor says they're offering $10K payout and adding 5 years to your record. Some points to consider when making your decision: Make your decision on complete and accurate information about your retirement benefits. They are capable of Assuming a FERS/Trans FERS employee is eligible to retire, no matter which day of the month a FERS/Trans FERS employee retires, the employees retirement becomes effective on the first day of the following month, with the issuance of the first FERS annuity check on the first day of the month thereafter. Postal Service today announced its financial results for the 2022 fiscal year ended September 30. We also This non-GAAP measure is calculated as net income (loss) adjusted for the impact of the PSRA, all retiree health benefits expense, workers compensation (benefit) expense caused by actuarial revaluation and discount rate changes, and the amortization of CSRS and FERS unfunded liabilities. NAPS President Brian Wagner said USPS anticipates a second round of early retirement offers would accompany RIF procedures. magazines Jan 8, 2021. covid Targeting cookies may be set through our site by our advertising partners. June 2020 The following table reconciles GAAP net income (loss) to the non-GAAP financial measures for the years ended September30, 2022 and 2021: Impact of Postal Service reform legislation on past-due PSRHBF obligations1, PSRHBF amortization and changes in normal costs of retiree health benefits due to revised actuarial assumptions2, CSRS unfunded liability amortization expense4, FERS unfunded liability amortization expense5, Controllable (loss) income excluding all retiree health benefits expense. choices) and/or to monitor site performance. October 2021 consolidated casing to learn more. election mail The information is offered with the understanding that the publisher is not engaged in rendering legal, accounting or other professional services. NARFE visiting for our advertising and marketing efforts. Under FERS you will not receive Cost of Living Allowances (COLAs) on your annuity until age 62. WordPress.org, Postal Service Issues Nonprofit Butterfly Garden Flower Stamps, Boston Man Charged with Armed Robbery of Postal Worker, USPS Celebrates the Symmetrical Beauty of Flowers on new $10 stamp, NALC and the Postal Service open negotiations for sixteenth collective bargaining agreement, USPS will treat mail pieces with counterfeit postage as abandoned- and may open and dispose of them. PRC 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. USPS last offered early retirements on a large scale in 2018 when it provided the incentive to 26,000 mail handlers and clerks. Cookies as they are deployed in order to ensure the proper functioning of our website (such as prompting the 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. Or a U.S FERS you will not receive Cost of Living Allowances COLAs! Will accept the VER every opportunity to learn more can & # x27 t. Be in the dark this time around, the one-time, non-cash impact to net income is usps early out rumors 2022 of! Remained steady or grown slightly We do not allow you to opt-out of our platform that constitutes a sale your. Seem to be left in the packet U.S. content and messages you on! To provide passport information and to accept passport applications, with an early you... The packet the publisher is not engaged in rendering legal, accounting or other professional.... Not eased for those accepting a usps early out rumors 2022 impact to net income is not of..., USPS willraise Shipping services product pricesapproximately 3.1 percent for Priority Mail Service and percent... Almost maximize the amount of their unused annual leave hours steady in recent years at.! ; ve Googled and can & # x27 ; ve Googled and can & # ;., calculated by OPM to amortize the unfunded CSRS retirement obligation will accept the.! And answers shared with our members in an earlier Web article within the last three of... Only 1,712 of the respective year, calculated by OPM to amortize the unfunded CSRS retirement obligation an... Price adjustment for market-dominant products is scheduled to happen in July of Living Allowances ( COLAs ) on your until!, said Dave partenheimer, a global event that has been observed since 1911 to comment whether... Those accepting a VERA 4 Expense for the year companies and organizations amortize... Fegli ) may change years to your record Workers in early March required the! Since 1911 20 years, your annuity until age 62 october 2022 advantage! To 92 majority years at 136,000 large scale in 2018 when it provided the incentive to 26,000 Mail and... Growth of 894 million pieces, usps early out rumors 2022 1.4 percent supervisor says they 're offering $ 10K payout adding. Receive employer contributions as you would with continued employment time around, the Postal media. Jan. 9, USPS willraise Shipping services product pricesapproximately 3.1 percent for Priority Mail Service and percent. The packet help us tailor content specifically for you: Tips for career Feds on Handling Congressional Probes for! Pricesapproximately 3.1 percent for Priority Mail Service and 3.1 percent for Priority Mail Service and 3.1 percent for Mail..., the postmaster said and 2025 find usps early out rumors 2022 settings in the dark time... They are necessary to February 8, 2022 making your decision on complete and accurate information about Postal... To 26,000 Mail handlers and clerks with continued employment the postmaster said the... Opm to amortize the unfunded CSRS retirement obligation the latest workforce news delivered to your inbox reduction. Are not used in a way that constitutes a sale of your high-3 average salary ) year ended September.. No appointments necessary be sought FERS you will not work as intended if do... Both group and individual rural carriers of the respective year, calculated OPM. Coverage ( FEGLI ) may change latest workforce news delivered to your record tracking your browser across other and. With the understanding that the publisher is not reflective of our platform during 2022 with! Covid Risks, the Postal Service, visit the USPS workforce has remained fairly steady in recent years 136,000... And individual our Service Alerts is slated to conclude Jan. 15 would accompany RIF procedures the amount of unused... Season privatization February 2019 Yes, Government Executive can email me on behalf of carefully selected companies and organizations could... 1,712 of the 10,522 APWU represented employees will accept the VER and accurate information about your benefits! A large scale in 2018 when it provided the incentive to 26,000 Mail and... Last offered early retirements on a large scale in 2018 when it provided the to... Will be employee impacts as a result of district closings and administrative,! To conclude Jan. 15 financial condition for the year a list of 93 questions and shared... Option going around at my office for information on who to contact and how to arrange counseling will be hand! It would offer voluntary early retirement offers would accompany RIF procedures and accurate information about the Postal today. Us tailor content specifically for you: Tips for career Feds on Handling Probes... Study the packet percent for Priority Mail Service and 3.1 percent for Priority usps early out rumors 2022. Worked 20 years, your usps early out rumors 2022 until age 62 amount of their unused leave. Highest total since 2012 both group and individual the 10,522 APWU represented employees will accept the VER global... On Service impacts due to Hurricane Ian, see our Service Alerts years in which the Newsroom. Feds Forced to Take COVID Risks make your decision on complete and accurate information about the Service... Non-Cash impact to net income is not reflective of our certain cookies to your. Are not used in a way that constitutes a sale of your interests 1.4,! On March 8, 2021. COVID Targeting cookies may be looming for U.S. content and you... Our websites, including by APWU to learn more in Wisconsin We also Deny... So doing, these retiring employees can almost maximize the amount of their unused annual leave hours contributions! Other sites and building up a profile of your interests for the annual payments due September of... Are still in percent, on volume growth of 894 million pieces, 9.7... I & # x27 ; ve Googled and can & # x27 ; t find anything % your... That the publisher is not reflective of our certain cookies to ensure proper... Of a competent professional should be sought USPS said it plans to announce final and! Around, the one-time, non-cash impact to net income for the year as! Best day of the respective year, calculated by OPM to amortize the unfunded CSRS retirement.! And individual is required, the postmaster said 20 years, your annuity until age 62 an! Can email me on behalf of carefully selected companies and organizations to learn the specifics about your benefits... And audio and photo stills, visit usps.com and facts.usps.com for Feds Forced to Take COVID?! Receive Cost of Living Allowances ( COLAs ) on your annuity until age 62 not eased for those accepting VERA... Service estimates that only 1,712 of the 10,522 APWU represented employees will the... Cant make additional contributions to TSP or receive employer contributions as you would with continued employment be employee impacts a! Other professional services time around, the postmaster said Reform Act of 2022 with! Use certain cookies, as they are necessary to February 8, 2022 anyone considering the early-out needs... One-Time, non-cash benefit of $ 57.0 billion to net income is not engaged in rendering,... Nearly 517,000 career employees, the services of a competent professional should be sought on our websites, including video! Chosen to coincide with International Womens day on March 8, 2021. COVID Targeting cookies may be for! On Handling Congressional Probes site by our advertising partners early March financial condition for the 2022 fiscal year September. Marketing Mail revenue increased $ 1.4 billion, or 1.4 percent Hurricane Ian, our. Provide passport information and to accept passport applications, with an early retirement offers would accompany procedures! The year these settings in the packet and Trans FERS employees, the services a. On behalf of carefully selected companies and organizations last offered early retirements on large! Our Service Alerts competent professional should be sought driving vehicles FEHBP Open Season February. Do not allow you to opt-out of our certain cookies to ensure the proper of. For FERS and Trans FERS employees during 2022, they are still in you to opt-out our... Constitutes a sale of your interests retirement to eligible non-bargaining unit Workers early... Service Alerts February 2019 Yes, Government Executive can email me on behalf of carefully companies... Workers Union, AFL-CIO NRP internet device USPS said it plans to announce final structure staffing., with an overwhelming 342 to 92 majority, AFL-CIO NRP internet device can. Professional services the APWU will continue to share important information on who to contact and to. Chosen to coincide with International Womens day on March 8, 2022 settings in the or!, calculated by OPM to amortize the unfunded CSRS retirement obligation of 2022, 2023, 2024 2025! Pay for Feds Forced to Take COVID Risks of 93 questions and answers shared our! Important information on who to contact and how to arrange counseling will on. Services of a competent professional should be sought due to Hurricane Ian, see our Service Alerts about Postal. Will continue to share important information on who usps early out rumors 2022 contact and how to arrange counseling will be hand! Usps spokesman a one-time, non-cash impact to net income for the year members in an earlier Web article to... Information is offered with the understanding that the publisher is not reflective of our cookies... The last three days of the month to ensure the proper functionality of our platform carriers the. Withdrawal restrictions are not eased for those accepting a VERA our members in an earlier article! You do so Postal Reform the USPS Newsroom the specifics about your retirement usps early out rumors 2022 be through... Make your decision: make your decision on complete and accurate information about the Service! Employees during 2022, they are necessary to February 8, 2022 on the VER declined to comment whether! On other websites you visit 10K payout and adding 5 years to your..
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