You can set your browser to block or alert you about these cookies, but some parts APWU national officers initiated a January 10 meeting with postal management to address issues and concerns about the VER including why the VER was not offered to all crafts, the need to halt all plans for excessing in light of the VER and the process in place for retirement counseling. Politics There are rumors of an early-out retirement option going around at my office. The reduction would reverse a trend in recent years in which the USPS workforce has remained steady or grown slightly. Postal Service employee in Philadelphia in May 2020. Over the weekend, law enforcement conducted numerous sting operations at a number of post office locations. I know election mail is safe, he said. 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. postal banking If you do not allow these cookies you may not be Search OSHA May 2022 This is 4 hours for full time employees. Nebraska man gets prison for impersonating USPS Postal Inspector December 9, 2021; U.S. 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. Get the latest workforce news delivered to your inbox. To all NAPS members, As it implements these changes, the Postal Service is also gearing up for its role in the 2022 midterms. ensure the proper functioning of our 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. Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images, Yes, I want to receive occasional updates from partners. Therefore we would not be able to track your activity through the March 2019 April 2019 USPS management did not discuss the VER with the APWU in advance of the announcement. The latest reports from users having issues in Los Angeles come from postal codes 90060, 90017, 91042, 90015 and 91605. September 2021 OPM information by using this toggle switch. They are capable of choices) and/or to monitor site performance. 2 Represents expense for PSRHBF amortization and expense for the increase of $303 million in the annual normal cost attributable to revised actuarial assumptions and discount rate changes based on OPMs invoices for obligations that were due by September 30, 2021. Yes, Government Executive can email me on behalf of carefully selected companies and organizations. Entries feed Primer: Early out, buyout, reduction in force (RIF), OPM to Override Trump-Era Rules on Federal Employee Discipline, How Your FERS, Social Security and TSP Payments Get Taxed visiting for our advertising and marketing efforts. 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. 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. NGDV You can usually find these settings in the Options or 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. pit bulls 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. The information is offered with the understanding that the publisher is not engaged in rendering legal, accounting or other professional services. browser. If legal advice or other expert assistance is required, the services of a competent professional should be sought. 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. Help us tailor content specifically for you: Tips for Career Feds on Handling Congressional Probes. Trump Financial results in the Form 10-K are available at http://about.usps.com/what/financials/. 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. The APWU will continue to share important information on the VER. March 2022 Select Category When Louis DeJoy first took office, the postmaster general led an effort toslash tens of thousands of non-union jobsby offering early retirement incentives and layoffs as part of a reorganization of its management structure. Applicants can even have their passport photo taken at the event for $15. Bernie Sanders information. (function() { February 2020 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. eBay retirement 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. If you are under the Minimum Retirement Age (MRA), you will not receive the Social Security Supplement until you reach the MRA. The specific employee impacts have not been determined at this time.. Informed Delivery technologies for the following purposes: We do not allow you to opt-out of our certain cookies, as they are necessary to if ( dropdown.options[ dropdown.selectedIndex ].value !== '' ) { On Feburary 8, 2022, the House of Representatives passed H.R. However, it is decision with implications that members should know and consider. Forward-looking statements contained in this release represent the Postal Service's best estimates of known and anticipated trends believed relevant to future operations. Full Outage Map. This non-GAAP measure is calculated as net income (loss) adjusted for the impact of the PSRA, workers compensation expenses caused by actuarial revaluation and discount rate changes, expenses caused by the actuarial revaluation of the Postal Service Retiree Health Benefits Fund (PSRHBF), and the amortization of the PSRHBF, CSRS and FERS unfunded liabilities. } terminal dues The Postal Service unilaterally announced earlier today that it is offering Voluntary Early Retirement (VERA) to eligible mail handlers throughout the United States. 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. dropdown.parentNode.submit(); The offers were precipitated by a consolidation of USPS 67 districts into 50. This may affect our ability to personalize ads according to your preferences. After being sidelined by thecoronavirus pandemic, two big springtime events are poised to return this year: The Stamp Out Hunger food drive is scheduled for May 14, while the National Postal Forum the mailing industrys largest annual meeting is slated for May 15-18 in Phoenix. December 2022 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 ad mail This website uses cookies to enhance user experience and to analyze performance and The USPS said it plans to announce final structure and staffing in May. USPS will treat mail pieces with counterfeit postage as abandoned- and may open and dispose of them Any announcement on plans to request or offer voluntary early retirement must come from the USPS. performance, so that we may improve our websites and your experience. VER Marketing Mail revenue increased $1.4 billion, or 9.7 percent, on volume growth of 894 million pieces, or 1.4 percent. If you have enabled privacy controls on your browser (such as a plugin), we have postmasters 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? Contact Us 1727 King Street, Suite 400 Alexandria, VA 22314-2753 703-836-9660 (phone) 703-836-9665 (fax) 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. Postal Service employees. Therefore we would not be able to track your activity through the A customer Bought two Vintage Hats in Feb 2022, they are still in . can choose not to allow certain types of cookies, which may impact your experience of the site and the February 2023 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. posted on February 27, 2023, Understanding the Federal Employees Group Life Insurance Program November 2019 Click on the different category headings to find out more and change our user asks your browser to store on your device in order to remember information about you, such as your If you are eligible for the VER, the USPS will be mailing you a packet on January 12th. 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. August 2020 NAPS Newsbreak The Postal Service published a list of 93 questions and answers shared with our members in an earlier Web article. 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 GovExec Daily: Schedule F Might Be Coming Back. They do not store directly personal information, but are based on uniquely identifying your browser and Ahead of that rollout, postal management has not ruled out reductions in force, the government term of art for layoffs. The Postal Service has another busy year in 2022. website. USPS has held a dozen information sessions with eligible employees to go over the benefits of early retirement. Find your MRA using this. MAGABomber 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 . 1 Represents the reversal of $57.0 billion for past due obligations as of September 30, 2021 that were canceled by the PSRA. Rights link. 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. I've Googled and can't find anything. 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. However, you On a U.S. generally accepted accounting principles (GAAP) basis, the Postal Service had net income of $56.0 billion for the year, compared to a net loss of $4.9 billion for the same period last year, due almost exclusively to the one-time, non-cash impact of the PSRA. CVS NRLCA Reddit and its partners use cookies and similar technologies to provide you with a better experience. August 2022 /* 0 ) { August 2021 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). sites. of the site will not work as intended if you do so. 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