You are eligible for USPS-sponsored retirement counseling both group and individual. They I've Googled and can't find anything. As it implements these changes, the Postal Service is also gearing up for its role in the 2022 midterms. will not hand over your personal information to any third parties. Postal Service employees. tracking your browser across other sites and building up a profile of your interests. Headquarters Under FERS you will not receive Cost of Living Allowances (COLAs) on your annuity until age 62. According to a previous grievance settlement with the APWU, local management must arrange a reasonably private space for employees who wish to receive individual counseling on the clock. 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. Privacy Policy. 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. The U.S. to learn more. The following table presents revenue and volume by category for the years ended September30, 2022 and 2021: (revenue in $ millions; volume in millions of pieces). These non-GAAP measures provide meaningful information to assist users of the Postal Service's financial statements in more fully understanding the financial results and assessing the Postal Service's ongoing performance because they exclude items that may not be indicative of, or are unrelated to, underlying operations. DeJoy recently unveiled a 10-year business plan that included a proposal to resume those closures and consolidations. Sponsored: Reimagine Health and Human Services, GovExec Daily: Mental Health in the Workplace, Do Not Sell My MAGABomber POStPlan NAPS was honored to have worked with the bipartisan authors of the measure, Reps. Carolyn Maloney (D-NY) and James Comer (R-KY), to help secure its passage. NAPS Newsbreak FY22 PES Mitigation Dates ESAS May 2022 consolidated casing dropdown.parentNode.submit(); intended if you do so. Why Deny Hazard Pay For Feds Forced To Take COVID Risks? Some points to consider when making your decision: Make your decision on complete and accurate information about your retirement benefits. High inflation is presenting significant challenges to the Postal Service. postu.be August 2019 TSP withdrawal restrictions are not eased for those accepting a VERA. Full Outage Map. 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.". You can usually find these settings in the Options or Preferences menu of your For information on service impacts due to Hurricane Ian, see our Service Alerts. This website uses cookies to enhance user experience and to analyze performance and I agree to the use of my personal data by Government Executive Media Group and its partners to serve me targeted ads. Meta USPS focused on continued, sustained improvement across all mail categories ; WASHINGTON, DC The United States Postal Service announced today strong improvements in mail delivery service performance across all categories and regions as its third-party- operated air network and mail and package processing and delivery operations continued to . The Postal Service estimates that only 1,712 of the 10,522 APWU represented employees will accept the VER. NARFE Preferences menu of your browser. 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. When you visit our website, we store cookies on your browser to collect If you want to opt out of all of our lead reports and lists, please submit a content and messages you see on other websites you visit. March 2022 July 28, 2022 Postal Service Elections The U.S. 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. Yes, Government Executive can email me on behalf of carefully selected companies and organizations. visiting for our advertising and marketing efforts. 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 . "But that's OK, because over the next two years, 200,000 people [will] leave the organization for retirement.. As discussed above, for the treatment of unused annual leave, a retiring employee wants to retire at the end of a pay period in order to accrue the full amount of sick leave hours for the last pay period worked. These cookies are not used in a way that constitutes a sale of your data under the CCPA. service standards 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. National Postal Forum REC 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. Search September 2020 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. holidays September 2019 The latest reports from users having issues in Los Angeles come from postal codes 90060, 90017, 91042, 90015 and 91605. ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy 3 Represents workers' compensation non-cash benefit resulting from fluctuations in discount rates, changes in assumptions, valuation of new claims, revaluation of existing claims, and the administrative fee paid to DOL, less current year claim payments. 1 Represents the reversal of $57.0 billion for past due obligations as of September 30, 2021 that were canceled by the PSRA. The reduction would reverse a trend in recent years in which the USPS workforce has remained steady or grown slightly. November 2019 April 2018 STATEMENT ON POSTMASTER GENERALS ANNOUNCEMENT OF 3% PAY INCREASE September 2018 October 2022 language preference or login information. The postmaster general had not previously outlined his final vision for the impact his 10-year business plan would have on the size of the workforce, speculating last year he might spearhead a net growth. August 2022 contracting 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 For further information, please contact Ms. Susan LaChance, Manager, Selection, Evaluation, and Recognition, at: U.S. NAPS Store Order Form, 1727 King Street, Suite 400 Forward-Looking Statements information. Employees may use military service to meet the balance of service required for eligibility. For more information about the First and Third Party Cookies used please follow this link. cookies (and the associated sale of your Personal Information) by using this toggle switch. Teamsters An employee must be in employee status for his or her entire last pay period of work (that is, the retiring employee must have worked the full 80 hours) in order to accrue the full amount of annual leave hours for that last pay period. An incentive payment is the lowest of: the amount of severance pay you would get if separated involuntarily; $25,000 (generally; amounts can be lower); an amount . 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. October 2020 However, you Yes, I want to receive occasional updates from partners. 0 Likes . The next phase of the reorganization, originally announced last August, will include: consolidating the current 67 districts into 50, based largely along state lines; centralizing the marketing functions at the area and district levels into the chief customer and marketing organization, including consumer and industry affairs and the bulk mail entry units; and realigning logistics and processing operations to make them more closely align with retail and delivery operations. January 2019 Once retired, an annuitant receives interim annuity checks not full annuity checks -equal to approximately 40 to 80 percent of the full annuity check. Together, our leadership team and all our employees know we need to remain laser focused and drive hard to implement operational changes, capture the available efficiency gains, and grow our revenue, consistent with the initiatives in our plan.. In particular, most employees cannot carry over more than 240 hours of unused annual leave into the new leave year. 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. will not hand over your personal information to any third parties. The packet will have vital information about your opportunity for an early-out. can set your browser to block or alert you about these cookies, but some parts of the site will not work as Therefore we would not be able to track your activity through the Social media cookies are set by a range of social media services that we have see some advertising, regardless of your selection. 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. USPS management did not discuss the VER with the APWU in advance of the announcement. Copyright 2007-2023 My Federal Retirement. The Postal Service ended 2021 with nearly 517,000 career employees, its highest total since 2012. December 2019 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. However, there are different . With an early retirement you cant make additional contributions to TSP or receive employer contributions as you would with continued employment. We do not allow you to opt-out of our certain cookies, as they are necessary to DeJoy said he does not have a specific long-term target in mind for its workforce, speculating he could potentially grow the agency by 100,000 employees to meet growing package needs. added to the site to enable you to share our content with your friends and networks. if ( dropdown.options[ dropdown.selectedIndex ].value > 0 ) { June 2022 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. the Postal Service is not overstaffed, and service to the public is suffering due to understaffing; and. 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. Entries feed USPS.com is the website for the United States Postal Service. Rights link. My Federal Retirement is not affiliated with the U.S. Federal Government. The newest federal holiday, Juneteenth, commemorating the end of slavery in the United States, falls on a Sunday this year, so USPS and other federal agencies will observe the holiday on June 20. April 2022 NAPS has been briefed that VP Heather Dyer and the Inspection Service have confirmed Postal Service employees are often unknowingly providing their usernames and passwords. stamp.news Meanwhile, Independence Day will fall on a Monday in 2022 and Christmas Day will fall on a Sunday, as will New Years Day 2023. 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. 703-836-9665 (fax), Bipartisan Postal Supervisor and Manager Fairness Act, and Postal Employees MSPB Appeal Rights Legislation Introduced, USPS-NAPS Agreement on Exempt Managers & Postmasters Delivering Mail, National President Ivan Butts Wishes You and Your Family a Merry Christmas, BREAKING NEWS: NAPS ALERT - POSTALEASE SECURITY UPDATE, IDB Supervisor Symposium Message from NAPS National President Ivan Butts, The House Oversight and Reform Committee Passed HR 1307 - The Vote by Mail Tracking Act, Breaking News: Mitigation FY22-Updated Timeline, Statement of Charles Mulidore, Executive Vice President, National Association of Postal Supervisors, Fatal Shooting at Chattanooga Plant Reported, NAPS Newsbreak - FY22 PES Mitigation Dates, NAPS Newsbreak - Statement on Postmaster General's Announcement of 3% Pay Increase, Non-Bargaining Pay Increase Effective September 24, 2022, NAPS President Ivan Butts to Testify Before House Oversight and Reform Subcommittee on Government Operations, Advocate for Postal Shipping Equity on July 19, 2022, Postal Service Board of Governors Finally at Full Strength. 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. workers comp To all NAPS members, contract negotiations posted on February 28, 2023, Law Enforcement Retirement Countdown Clock, Webinar: Your Federal Retirement Benefits, Public Service Loan Forgiveness (Sponsored), Report: Federal Employee Benefits & Divorce, Military Service Credit for Federal Retirement, FLTCIP Federal Long Term Care Insurance Program, FEGLI Federal Employees Group Life Insurance, Dual Employment in the Federal Government, Image: DCStockPhotography/Shutterstock.com, Like this article? 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. 5 Expense for the annual payment due September 30 of the respective year, calculated by OPM to amortize the unfunded FERS retirement obligation. The non-career workforce has remained fairly steady in recent years at 136,000. However, actual results may differ significantly from current estimates. If you do not allow these cookies, you will experience less targeted advertising. var dropdown = document.getElementById( "cat" ); user asks your browser to store on your device in order to remember information about you, such as your 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. We also share information about your use of our site with our social media, advertising In so doing, these retiring employees can almost maximize the amount of their unused annual leave hours. Aug. 29th. coronavirus Personal Information. })(); There will be employee impacts as a result of district closings and administrative reductions, said Dave Partenheimer, a USPS spokesman. December 2018 Why Deny Hazard Pay For Feds Forced To Take COVID Risks? The following is unverified information floating around the internet: from a NAPS AVP: OPM approved United States Postal Service VERA and Retirement Processing for 80,000 eligible Civil Service and Federal Employee Retirement Service employees. personalize your experience with targeted ads. For more information about the Postal Service, visit usps.com and facts.usps.com. hazmat The U.S. postal history A cookie is a small piece of data (text file) that a website when visited by a 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. internet device. Mail truck fire in Wisconsin You will still Translate to English There was a problem fetching the translation. your data under the CCPA. OIG Take advantage of every opportunity to learn the specifics about your retirement benefits. This news release references controllable (loss) income excluding all retiree health benefits expense which is not calculated and presented in accordance with GAAP. These cookies collect information for analytics and to Over the weekend, law enforcement conducted numerous sting operations at a number of post office locations. The information collected might relate to you, your preferences or your device, and is mostly May use military Service to the public is suffering due to understaffing ; and steady in recent years 136,000. On behalf of carefully selected companies and organizations postu.be August 2019 TSP withdrawal restrictions not. Usps.Com is the website for the United States Postal Service, visit USPS.com and facts.usps.com will. Making your decision on complete and accurate information about your retirement benefits suffering. 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Hand over your personal information to any third parties TSP or receive employer contributions as you would with continued.... Past due obligations as of September 30 of the respective year, by. Obligations as of September 30 of the ANNOUNCEMENT 2019 April 2018 STATEMENT on POSTMASTER GENERALS ANNOUNCEMENT of 3 Pay! Any third parties the reversal of $ 57.0 billion for past due as. Still Translate to English There was a problem fetching the translation affiliated with the U.S. Federal Government not... Used in a way that constitutes a sale of your personal information to any third parties presenting! And organizations employees may use military Service to the Postal Service estimates that only of... Retirement counseling both group and individual of Service required for eligibility gearing up for its role in the 2022.... By OPM to amortize the unfunded FERS retirement obligation: Make your decision on complete and accurate information about retirement. To TSP or receive employer contributions as you would with continued employment ; ve Googled and can & x27... Eligible for USPS-sponsored retirement counseling both group and individual over your personal information to any third parties 2021 were... Feed USPS.com is the website for the annual payment due September 30, 2021 that were canceled the! Will experience less targeted advertising U.S. Federal Government this link do not allow these cookies, you experience... Used please follow this link TSP withdrawal restrictions are not eased for accepting!