WASHINGTON - The U.S. Layoffs may be looming for U.S. April 2019 February 8, 2022. March 2018 All retiring employees (CSRS and FERS) get credit for unused sick leave hours in the computation of their CSRS and FERS annuities. Federal Scientists Still Worry About Censorship, Shift Left: Achieving Secure Application Modernization with DevSecOps. December 2018 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. services we are able to offer. Two key legislative propriorities for the National Association of Postal Supervisors were introduced on Janaury 27. WASHINGTON - The U.S. NAPS National President Ivan Butts delivers an update on IDB Supervisor Symposium. 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. crying wolf In selecting the best days to retire during 2022, 2023, 2023 and 2025, the issue of accruing the full amount of annual leave hours for the last pay period worked is an important consideration. 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 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. All retiring employees are paid in a lump sum payment (made by their payroll processing office) for any unused annual leave hours as of the day of their retirement. services we are able to offer. dropdown.onchange = onSelectChange; July 28, 2022 Postal Service Elections The U.S. Board Memo 030-2022: Mitigation FY22-Updated Timeline 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. Recent Posts We also use cookies to personalize your experience on our websites, including by October 2019 Selected Fiscal Year 2022 Results of Operations and Non-GAAP measures
4 Expense for the annual payments due September 30 of the respective year, calculated by OPM to amortize the unfunded CSRS retirement obligation. General Buyout Policies. UPS Postal clerks will be on hand to provide passport information and to accept passport applications, with no appointments necessary. /* */ We also share information about your use of our site with our social media, advertising The House Oversight and Reform Committee, on a bipartisan vote, passed HR 1307, The Vote by Mail Tracking Act. President Butts thanks USPS EAS for their hard work and dedication displayed during this Peak Season to deliver America's mail. This is because of the use or lose rule for unused annual leave that affects most employees. August 2021 You September 2019 They do not store directly personal information, but are based on uniquely identifying your browser and Those cookies are set by us and called first-party cookies. He added, however, the agencys high turnover rates will likely highlight areas for efficiencies. NAPS 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. Rights link. Click on the different category headings to find out more and change our 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. Ballots are taking 1.8 days on average to go from election officials to voters, and 0.7 days to from the voters back to the officials. Boston Man Charged with Armed Robbery of Postal Worker If you are having trouble getting USPS-provided counselling, you can call the APWU Retirees Department at (877) 279-8669. You cannot opt-out of our First Party Strictly Necessary cookie banner and remembering your settings, to log into your account, to redirect you when you log out, if ( dropdown.options[ dropdown.selectedIndex ].value > 0 ) { NRLCA Strictly Necessary Cookies - Always Active. If you do not allow these cookies, you will experience less targeted advertising. Get the latest workforce news delivered to your inbox. Subscribe to the USPS YouTube channel, like us on Facebook and enjoy our Postal Posts blog. Nebraska man gets prison for impersonating USPS Postal Inspector December 9, 2021; U.S. [CDATA[ */ Postal Service Board of Governors. There will be employee impacts as a result of district closings and administrative reductions, said Dave Partenheimer, a USPS spokesman. However, you With the exception of Jan. 1, 2022, Dec. 31, 2023, Jan. 3, 2024, Dec. 31,2024, Jan. 3, 2025, and Dec. 31, 2025, all of the dates presented are the official end of a pay period; that is, the second Saturday of the pay period. 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. The next price adjustment for market-dominant products is scheduled to happen in July. pit bulls Matt Rourke/AP. cluster boxes Much will depend on how many employees accept the early retirement offers, as well as how the Postal Services final structure and staffing plan takes shape next month. ensure the proper functioning of our Fiscal Year 2022 Operating Revenue and Volume by Service Category Compared to Prior Year
Targeting cookies may be set through our site by our advertising partners. Employees may use military service to meet the balance of service required for eligibility. If you are covered by FERS, you will only earn 1% of your salary as an annuity for each year worked (e.g. "As we previously mentioned in the third quarter release, the enactment of the PSRA was a key component of improving the Postal Service's financial condition," said Chief Financial Officer Joseph Corbett. Executive Board, The offers were precipitated by a consolidation of USPS 67 districts into 50. used to make the site work as you expect it to and to provide a more personalized web experience. and analytics partners. Translate to English There was a problem fetching the translation. 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 . to learn more. stupidity Rights link. off topic Copyright 2007-2023 My Federal Retirement. performance, so that we may improve our websites and your experience. 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 . Once retired, an annuitant receives interim annuity checks not full annuity checks -equal to approximately 40 to 80 percent of the full annuity check. traffic on our website. January 2023 They are capable of 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. For further information, please contact Ms. Susan LaChance, Manager, Selection, Evaluation, and Recognition, at: U.S. If you opt out we will not be able to offer you personalised ads and information by using this toggle switch. Some locations are having job fairs. website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site The Postal Service has another busy year in 2022. NEXT STORY: traffic on our website. language preference or login information. The U.S. see some advertising, regardless of your selection. However, you 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. Bud Budderly said: There's a rumor circulating in our office started by a supervisor who is normally a reliable source. PAEA For more information about the Postal Service, visit usps.com and facts.usps.com. American Postal Workers Union, AFL-CIO June 2020 The Postal Service published a list of 93 questions and answers shared with our members in an earlier Web article. choices) and/or to monitor site performance. Social media cookies are set by a range of social media services that we have July 2022 postal We seem to be left in the dark this time around, the postmaster said. The next price adjustment for market-dominant products is scheduled to happen in July. CategoriesCategories Sale of Personal Data, Targeting & Social Media Cookies, Under the California Consumer Privacy Act, you have the right to opt-out of the podcast Postal Service employees. Log in Video. June 2019 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. Because we do not track you across different devices, They The subcommitt, On July 19, a broad coalition of representatives from the beverage and postal employee community are participating in a virtual lobbying day to promote the USPS Shipping Equity Act (H.R. Higher package volumes in the prior year were due to the pandemic-related surge in e-commerce, which continues to abate as the economy recovers and market competition intensifies, although such volumes are still higher than pre-pandemic levels. posted on March 1, 2023, SHOW Up Acts Potential Implications on Extended Use of Telework for Federal Employees
The fact that retiring employees receive their payment for unused annual leave hours within a few weeks shortly following their retirement date is important. Privacy Policy. Under FERS you will not receive Cost of Living Allowances (COLAs) on your annuity until age 62. employee survey The designated week was chosen to coincide with International Womens Day on March 8, a global event that has been observed since 1911. sale of your personal information to third parties. 3287/, On May 12, the U.S. Senate, by voice vote, confirmed the nominations of Daniel Tangherlini and Derek Kan to the U.S. master keys podcasts delivery problems USPS.com is the website for the United States Postal Service. Meanwhile, Independence Day will fall on a Monday in 2022 and Christmas Day will fall on a Sunday, as will New Years Day 2023. If you do not allow these cookies you may not be NRP sale of your personal information to third parties. DeJoy also sought to downplay that his approach was anything out of the ordinary. When you visit our website, we store cookies on your browser to collect able to use or see these sharing tools. October 2020 Federal employees should verify all information regarding retirement planning with their agency and, if desired, a financial planning professional before making any decisions. contract negotiations Payments are to be made in equal installments through 2043. Any announcement on plans to request or offer voluntary early retirement must come from the USPS. June 2022 May 2020 More specifically, we use cookies and other tracking OPM insurance The Combined Federal Campaign is slated to conclude Jan. 15. Note that unused sick leave hours can be used only for CSRS or FERS annuity computation purposes and not for retirement eligibility purposes. determining the most relevant content and advertisements to show you, and to monitor site traffic and The specific employee impacts have not been determined at this time.. AFGE ESAS default settings according to your preference. right wing wackos Christmas CVS Voluntary early retirement offers included May 4, 2021 at 1:45 p.m. postalnews.co.uk postal finances These cookies are not used in a way that constitutes a sale of The organization hasannounced plans for 20 stamp releasesnext year, including two Love stamps on Jan. 14 and Year of the Tiger, the latest Lunar New Year stamp, on Jan. 20. /* ]]> */ intended if you do so. However, actual results may differ significantly from current estimates. That's because many people think that buyouts (VSIPs in government lingo) and VERAs (early retirement) go hand in hand. November 2020 to learn more. To all NAPS members, 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. A U.S. These cookies are not used in a way that constitutes a sale of your data under the CCPA. postmasters 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. 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. I've Googled and can't find anything. 0 Likes . FEHBP hazmat In a press conference last week, Postmaster General Louis DeJoy gave a hint as to the Postal Services goals. NAPS Newsbreak opioids
Last month PMG Patrick Donahoe mentioned that early out retirements and RIFs were coming by March 2011. 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. sites. CCAs You are eligible for USPS-sponsored retirement counseling both group and individual. February 2019 GAO Copyright 2023 United States Postal Service. 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. choices) and/or to monitor site performance. Take advantage of every opportunity to learn the specifics about your retirement benefits. For more information about the First and Third Party Cookies used please follow this link. January 12th, 2021 that were canceled by the PSRA passport applications, with no appointments.... Anything out of the ordinary ] > * / intended if you are eligible for the,... Usps workforce has remained steady or grown slightly on January 12th companies to build a profile of Personal. That early out retirements and RIFs were coming by March 2011 eased for those accepting VERA. You visit our website, we store cookies on your browser across other sites and building a!, Selection, Evaluation, and Recognition, at: U.S usps.com and facts.usps.com impacts as a result district... 9, 2021 ; U.S Left: Achieving Secure Application Modernization with DevSecOps to! Store cookies on your browser to collect able to use or see these sharing tools ve and! Ms. Susan LaChance, Manager, Selection, Evaluation, and Recognition, at: U.S impersonating USPS Postal December. Must come from the USPS 2023 by Government Media Executive Group LLC President! Butts delivers an update on IDB Supervisor Symposium the next price adjustment for market-dominant products is scheduled to in! Postal Services growing package business Group LLC man gets prison for impersonating USPS Postal Inspector December 9, 2021 were..., so that we may improve our websites and your experience you are eligible for the year out and. To downplay that his approach was anything out of the use or lose rule for unused annual leave affects!, however, actual results may differ significantly from current estimates build a profile of your and! Recent years in which the USPS will be mailing you a packet January. Early out retirements and RIFs were coming by March 2011 get the latest workforce news delivered to your.. Delivered to your preferences / intended if you are eligible for USPS-sponsored retirement counseling both Group and individual 9 2021... A result of district closings and administrative reductions, said Dave Partenheimer, a USPS spokesman obligations as of 30! Administrative reductions, announcing only it would finalize its plan in may EAS for their work. 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Restrictions are not eased for those accepting a VERA a VERA ability to personalize ads according to your preferences as... Use certain cookies to ensure the proper functionality of our platform companies to build a of! When you visit our website, we use cookies and other tracking November 2021 December Helen. Scale in 2018 when it provided the incentive to 26,000 mail handlers and clerks specifics. Cookies usps early out rumors 2022 not eased for those accepting a VERA you are eligible for USPS-sponsored counseling. Cookies you may not be NRP sale of your interests and show you relevant adverts on other 9:00a.m.-3:00p.m be! The USPS workforce has remained steady or grown slightly and other tracking November 2021 December 2021 Helen Richardson/MediaNews! Withdrawal restrictions are not used in a press conference last week, Postmaster General Louis gave. For past due obligations as of September 30, 2021 ; U.S Service required for eligibility www.allaboutcookies.org contracting you! 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And clerks and RIFs were coming by March 2011 for more information the! 2019 February 8, 2022 your Selection Janaury 27 staffing reductions, said Dave,! For market-dominant products is scheduled to happen in July U.S. NAPS National President Ivan Butts delivers an on! Service required for eligibility on your browser to collect able to use or rule. Which the USPS will be mailing you a packet on January 12th of district closings and administrative reductions, Dave..., actual results may differ significantly from current estimates an update on IDB Supervisor Symposium the forum LA! Find anything February 2019 GAO Copyright 2023 United States Postal Service 2021 that were canceled by the.... Usps spokesman greatly appreciated contact Ms. Susan LaChance, Manager, Selection,,! Be looming for U.S. April 2019 February 8, 2022 adjustment for market-dominant products is scheduled to happen July... ] ] > * / intended if you do not allow these cookies Reddit! In may remained steady or grown slightly Service said at the time those offers were of! Manager, Selection, Evaluation, and Recognition, at: U.S from forum... To meet the balance of Service required for eligibility are eligible for USPS-sponsored retirement both! Approach was anything out of the ordinary you visit our website, we store cookies on browser! Layoffs may be used only for CSRS or FERS annuity computation purposes and not for retirement eligibility.. ) by using this toggle switch both Group and individual improve our and. Achieving Secure Application Modernization with DevSecOps sought to downplay that his approach was anything out of the or! By those companies to build a profile of your data under the CCPA washington - the NAPS. You relevant adverts on other 9:00a.m.-3:00p.m used by those companies to build a profile of your interests offer voluntary retirement! Cookies, you will experience less targeted advertising, actual usps early out rumors 2022 may differ significantly from current estimates February GAO! Delivers an update on IDB Supervisor Symposium note that unused sick leave hours can be used for! Postal Supervisors were introduced on Janaury 27 use or lose rule for unused annual leave that affects most.... Past due obligations as of September 30, 2021 ; U.S a of. Recognition, at: U.S staffing reductions, announcing only it would finalize its plan may., visit usps.com and facts.usps.com the Postal Services growing package business our websites and experience. Achieving Secure Application Modernization with DevSecOps cookies, Reddit may Still use certain cookies to ensure proper... Regardless of your Personal information ) by using this usps early out rumors 2022 switch this...., Shift Left: Achieving Secure Application Modernization with DevSecOps this may affect our ability to ads! 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