VERA FEHB A customer Bought two Vintage Hats in Feb 2022, they are still in . intended if you do so. Wagner said he has not heard anything specific on the Postal Services plan, noting it is waiting until May to finalize its plans. The offers were precipitated by a consolidation of USPS 67 districts into 50. 5 Expense for the annual payment due September 30 of the respective year, calculated by OPM to amortize the unfunded FERS retirement obligation. The government's main tools to boost turnover are early retirements, and buyout incentives. These cookies collect information for analytics and to The Postal Service estimates that only 1,712 of the 10,522 APWU represented employees will accept the VER. The buzz is that there will be an announcement on January 16 of a VERA (Voluntary Early Retirement Authority) offer made to ALL crafts that includes a 5-year incentive. Get the latest workforce news delivered to your inbox. Social media cookies are set by a range of social media services that we have It has delivered 99.5% of completed ballots from voters back to election officials within three days, marking an improvement on the 97.9% rate it oversaw in 2020. May 2022 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. Postal Service today announced its financial results for the 2022 fiscal year ended September 30. if ( dropdown.options[ dropdown.selectedIndex ].value !== '' ) { census February 2018 information. postal 0 Likes . postal history Other operating expenses increased $1.3 billion, or 13.0 percent, as inflationary pressures have led to higher average fuel prices for delivery vehicles and an increase in rent and utilities costs. All rights reserved. Federal Scientists Still Worry About Censorship, Shift Left: Achieving Secure Application Modernization with DevSecOps. Because we do not track you across different devices, racism CanadaPostNews.com October 2019 arbitration You can set your browser to block or alert you about these cookies, but some parts Aug. 14, 2020. 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. 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. 2023 by Government Media Executive Group LLC. Want to stay up to date with the latest federal news and information from all your devices? Nebraska man gets prison for impersonating USPS Postal Inspector December 9, 2021; U.S. 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. Federal employees should verify all information regarding retirement planning with their agency and, if desired, a financial planning professional before making any decisions. USPS first announced it would offer voluntary early retirement to eligible non-bargaining unit workers in early March. your data under the CCPA. You may exercise your right to opt out of the sale of personal December 2019 USPS last offered early retirements on a large scale in 2018 when it provided the incentive to 26,000 mail handlers and clerks. For more information, please see our cbus That's because many people think that buyouts (VSIPs in government lingo) and VERAs (early retirement) go hand in hand. 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. terminal dues Royal Mail 06-02-2022 03:32 PM. FEHBP Open Season will not hand over your personal information to any third parties. To avoid a reduction in force, the Postal Service is offering voluntary early retirements to most eligible non-union employees at its headquarters, as well as at area and district offices. OPM LLV fires You can usually find these settings in the Options or 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. January 2019 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.. The reduction would reverse a trend in recent years in which the USPS workforce has remained steady or grown slightly. Why Deny Hazard Pay For Feds Forced To Take COVID Risks? Mail truck fire in Wisconsin 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. Note the following:: 1. STATEMENT ON POSTMASTER GENERALS ANNOUNCEMENT OF 3% PAY INCREASE You may exercise your right to opt out of the sale of personal will not hand over your personal information to any third parties. They do not store directly personal information, but are based on uniquely identifying your browser and if ( dropdown.options[ dropdown.selectedIndex ].value > 0 ) { President Butts brings Christmas wishes to all NAPS members. March 2020 EEO For more information about the First and Third Party Cookies used please follow this link. Informed Delivery There will be employee impacts as a result of district closings and administrative reductions, said Dave Partenheimer, a USPS spokesman. "But that's OK, because over the next two years, 200,000 people [will] leave the organization for retirement.. 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. Sign up to receive more, 3.2 Percent Fed Raise Proposed; Tax Debt, MSPB Rights Also on Agenda, Panel Backs Bill to Make Censorship a Firing Offense for Federal Employees, Report Raises Concerns about Security of VA Facilities, OMB: Its Time to Take TikTok Off Agency Devices, Postal Supervisors Feel Pressure to Under-Report Work Hours, Says IG, How Your FERS, Social Security and TSP Payments Get Taxed, SHOW Up Acts Potential Implications on Extended Use of Telework for Federal Employees, Understanding the Federal Employees Group Life Insurance Program. Yes, Government Executive can email me on behalf of carefully selected companies and organizations. 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 Entries feed February 2021 good.postal.news and analytics partners. A memo from the State Attorneys Office explains that the dogs owner tried to surrender them twice, including 10 days before the attack Today, President Biden nominated Julie Su to serve as Secretary of the Department of Labor. Board Memo 030-2022: Mitigation FY22-Updated Timeline added to the site to enable you to share our content with your friends and networks. April 2020 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. The U.S. 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. NAPS Newsbreak FY22 PES Mitigation Dates Comments feed They must make a decision by April 16 and vacate their jobs by April 30. The next price adjustment for market-dominant products is scheduled to happen in July. This is 4 hours for full time employees. 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. to take that as a valid request to opt-out. For FERS and Trans FERS employees, the best day of the month to retire is within the last three days of the month. eBay Postal Service employee in Philadelphia in May 2020. use third-party cookies which are cookies from a domain different than the domain of the website you are consolidated casing NALC and the Postal Service open negotiations for sixteenth collective bargaining agreement The packet along with your counseling session(s) will explain eligibility for any annuity supplement, your health insurance premiums, how your FEGLI life insurance can change, and other issues. 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. Non-GAAP financial measures should be considered in addition to, and not as an alternative for, the Postal Service's reported results prepared in accordance with GAAP. Strictly Necessary Cookies - Always Active. 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. information. Click on the different category headings to find out more and change our porch pirates October 2020 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. Additionally, you may contact our legal 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. Contact NAPS Find Your Branch performance, so that we may improve our websites and your experience. drunk driving If you are under the Minimum Retirement Age (MRA), you will not receive the Social Security Supplement until you reach the MRA. USPS has operated under a hiring and promotion freeze among its supervisory and administrative positions throughout its headquarters and district offices since August, leaving vacancies that laid off staffers could transfer into if they chose to do so. We do not allow you to opt-out of our certain cookies, as they are necessary to How long should the buyer wait before I issue a refund when the USPS delays are out of my control? Yes, I want to receive occasional updates from partners. and our REC used to make the site work as you expect it to and to provide a more personalized web experience. Many are asking, "Should I accept early-out retirement?". cookie banner and remembering your settings, to log into your account, to redirect you when you log out, The information collected might relate to you, your preferences or your device, and is mostly postal finances self driving vehicles These cookies collect information for analytics and to In particular, they are maximizing the carryover from the previous leave year of 240 hours (assuming they are not Senior Executive Service employees or employees who worked overseas who have a higher carryover annual leave limit from one leave year to the next) plus assuming they are not using any annual leave in the current leave year and retiring at the end of the leave year, they can get paid for as many as 448 hours of unused annual leave (240 hour carryover and in the current leave year, accruing 8 hours each pay period for 26 pay periods or 208 hours and not using any annual leave hours) (if retiring before the end of pay period 26 such as December 31, 2021, accruing 200 hours of annual leave hours and not accruing any leave hours in pay period 26) . 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