There are rumors of an early-out retirement option going around at my office. 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. 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. to learn more. I know election mail is safe, he said. } We seem to be left in the dark this time around, the postmaster said. Yes, Government Executive can email me on behalf of carefully selected companies and organizations. April 2020 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. July 2022 The newest federal holiday, Juneteenth, commemorating the end of slavery in the United States, falls on a Sunday this year, so USPS and other federal agencies will observe the holiday on June 20. 1 Represents the reversal of $57.0 billion for past due obligations as of September 30, 2021 that were canceled by the PSRA. UPU On Jan. 9, USPS willraise Shipping Services product pricesapproximately 3.1 percent for Priority Mail service and 3.1 percent for Priority Mail Express service. OPM UPMA Payments are to be made in equal installments through 2043. 2023 by Government Media Executive Group LLC. You may exercise your right to opt out of the sale of personal Preferences menu of your browser. FEHB Employees who decide to accept the offer can apply by completing and submitting the required documents by April 16; the retirements will take effect April 30. Under FERS you will not receive Cost of Living Allowances (COLAs) on your annuity until age 62. NAPUS opioids If you are covered by FERS, you will only earn 1% of your salary as an annuity for each year worked (e.g. The U.S. uniforms /* ]]> */ The designated week was chosen to coincide with International Womens Day on March 8, a global event that has been observed since 1911. web. traffic on our website. These cookies are not used in a way that constitutes a sale of your data under the CCPA. The Postal Service has announced a limited early retirement opportunity effective April 30 for certain non-bargaining unit employees at headquarters, headquarters-related, area and district. crying wolf We also use cookies to personalize your experience on our websites, including by internet device. 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.". You will still CanadaPostNews.com They must make a decision by April 16 and vacate their jobs by April 30. Employees who work at agencies that have adopted a different leave year calendar should check with their Human Resources or Personnel Office to determine the best days of the year for employees at their agencies to retire, based on the same rules and logic as explained and presented above. POStPlan Financial results in the Form 10-K are available at http://about.usps.com/what/financials/. your data under the CCPA. June 2019 March 2022 New comments cannot be posted and votes cannot be cast, Scan this QR code to download the app now. Boston Man Charged with Armed Robbery of Postal Worker UPS 4 Expense for the annual payments due September 30 of the respective year, calculated by OPM to amortize the unfunded CSRS retirement obligation. Postal Service is planning to shed 50,000 positions from its rolls over the next several years as part of Postmaster General Louis DeJoy's plan to. rate adjustment GovExec Daily: Mental Health in the Workplace. June 2021 February 27, 2023 Cyclist Blamed For His Own Death During Trial Of a USPS Truck Driver Who Killed Him On the evening of Tuesday, June 29, 2021, Jeffrey Williams was riding home for dinner in the northbound bike lane on Central Park West when he was fatally struck by a United States Postal Service (USPS) truck driver . July 2019 The Postal Service is updating employees on its administrative restructuring. November 2020 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. This may impact the Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images. WASHINGTON - The U.S. December 2017 It went through several workforce reduction efforts in the early 2010s as it consolidated mail processing plants and slowed down mail delivery. /*

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