USPS Newsbreak: Voluntary Early Retirement to be offered to carriers and clerks in select locations In a move to further right-size complement levels to better match workload, the USPS Pacific Area is offering a voluntary early retirement (VER) to carriers and clerks working at select impacted sites and at non-impacted offices within a 50-mile radius […]
Perhaps it is time for the Postal Service to consider offering a healthy incentive for APWU represented employees to retire. The wage difference between a Grade 6 Step 0 employee and a newly hired replacement is $18,000 per year ($53,102 vs. $35,182) so for every 1000 employees replaced, the Postal Service saves 18 million dollars […]
The Postal Service is offering a version of the Special Incentive Offer announced earlier this year limited to supervisors, Customer Services, and supervisors of Distribution Operations, in seven districts. The districts affected are: Caribbean, Honolulu, Long Island, New York, Westchester, Triboro and Northern New Jersey. According to Human Resources (HR), the affected districts have an […]
The following is a Memo released by the Office Of Personnel Management (OPM) Recredit of Sick Leave for Re-employed FERS Annuitants Who Retire Between October 28, 2009, and December 31, 2013 The U.S. Office of Personnel Management has been asked whether employees covered by the Federal Employees Retirement System (FERS) who retire between October 28, […]
The Office Of Personnel Management issued the following anouncements: Annuitant Federal Tax Withholding Increase On December 16, 2010, Congress elected not to extend the “Making Work Pay” credit. The “Making Work Pay” credit, part of the 2009 Stimulus Package, expired on December 31, 2010. This could mean higher federal tax withholding amounts in monthly annuities […]
Article written exclusively for PostalReporter.com by Robert R. McGill,Esq. Whether you call it “Postal Disability Retirement”, “Federal Disability Retirement”, or “OPM Disability Retirement”, the available options under the National Reassessment Program all lead to the same road: the injured Postal Worker is being squeezed out of the workplace, and it is time to secure one’s […]
Office of Personnel Management Director John Berry pledged Wednesday to increase new retirees’ interim annuity payments — even if it means some will temporarily be overpaid. Currently, more than 38,000 recent retirees are receiving interim annuities — which are sometimes as low as half of what they are owed — for months while overwhelmed OPM […]
Retirement decisions are among the most important — and daunting — that members can make. Now, navigating the paperwork and understanding retirement plans is easier, thanks to the APWU Retiree Advice Center. Retired APWU members — or members who plan to retire in the near future — can now e-mail their retirement-related questions to RetireeAdviceCenter@apwu.org. […]
APWU News Former postal employees who retired or separated from the Postal Service in 2009 as part of the negotiated Early Out Incentive agreement are entitled to receive an additional $5,000, tentatively scheduled for Oct. 29, 2010. Those who participated in the retirement incentive program received $10,000 as part of the agreement in 2009. The […]
As announced in March of this year, the Postal Service has added a new feature (eRetire) to LiteBlue which will provide employees the option of using self-service to begin the retirement process. eRetire is a web-based system which allows employees to: View an annuity estimate if they are within (5) years of retirement; Download a […]