privacy request at our Do Not Sell page. USPS will remain in a hiring posture in the coming years, DeJoy said at an American Enterprise Institute event in Washington on Wednesday evening, as the net reductions represent only one-quarter of the attrition the agency expects to see over a similar period. We also share information about your use of our site with our social media, advertising August 2022 Reproduction without permission prohibited. May 2020 post office closings })(); February 2019 USPS will treat mail pieces with counterfeit postage as abandoned- and may open and dispose of them Terms of Service Outside of the annexes, DeJoy said he does not envision mass closures, but instead reshaping the network so each piece of mail flows in a more logical fashion and does not have to take as many trips before reaching its final destination. to take that as a valid request to opt-out. DeJoy You cannot opt-out of our First Party Strictly Necessary NGDV used to make the site work as you expect it to and to provide a more personalized web experience. February 2021 covid 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. mail handlers 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. LLVs PRC 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. contract negotiations see some advertising, regardless of your selection. You may exercise your right to opt out of the sale of personal Two key legislative propriorities for the National Association of Postal Supervisors were introduced on Janaury 27. self driving vehicles If you do not allow these cookies you may not be February 2020 Politics 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. posted on March 1, 2023, SHOW Up Acts Potential Implications on Extended Use of Telework for Federal Employees We do not allow you to opt-out of our certain cookies, as they are necessary to 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). ensure the proper functioning of our This website uses cookies to enhance user experience and to analyze performance and 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.". postal finances I know election mail is safe, he said. A customer Bought two Vintage Hats in Feb 2022, they are still in . Most agency payroll offices will make sure that the retiring employees lump sum payment for unused annual leave is directly deposited into the bank account within 10 to 40 days following the employees retirement date. For CSRS or CSRS Offset employees, the best day of the month to retire is within the last three days of the current month or the first three days of the following month. Many are asking, "Should I accept early-out retirement?". website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site #MAGABomber Additionally, you may contact our legal The site offers track and trace of shipments, delivery notifications, missing mail and packages reporting, and more. Some points to consider when making your decision: Make your decision on complete and accurate information about your retirement benefits. COLA Targeting cookies may be set through our site by our advertising partners. 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. 9:00a.m.-3:00p.m. 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. Boston Man Charged with Armed Robbery of Postal Worker However, actual results may differ significantly from current estimates. 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 employees). The early retirement offers, which did not come with any buyout incentive, were part of a "RIF-avoidance" process. Matt Rourke/AP. 4 Expense for the annual payments due September 30 of the respective year, calculated by OPM to amortize the unfunded CSRS retirement obligation. technologies for the following purposes: We do not allow you to opt-out of our certain cookies, as they are necessary to 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. Strictly Necessary Cookies - Always Active. Visit www.allaboutcookies.org They are capable of 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. LITTLE ROCK - 2/22/23 - Four individuals have been charged by federal criminal complaint for their alleged involvement in stealing mail from blue postal collection boxes in central Arkansas. Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images. The lump sum payment will be directly deposited into the same bank account that a retiring employees regular paychecks were directly deposited during the months preceding the employees retirement date. Forward-Looking Statements 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. 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. BOG May 2019 UPMA sites. These cookies are not used in a way that constitutes a sale of You are eligible for USPS-sponsored retirement counseling both group and individual. /*
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