language preference or login information. Certain forward-looking statements included in this release use such words as may, will, could, expect, believe, plan, estimate, project, or other similar terminology. September 2019 Contact Us 1727 King Street, Suite 400 Alexandria, VA 22314-2753 703-836-9660 (phone) 703-836-9665 (fax) June 2021 April 2018 You can usually find these settings in the Options or (function() { We also This assumes that the end of pay period 26 (the end of the current leave year) occurs between Dec. 31st and Jan. 13th. PMG You will still A third tool, the reduction-in-force, "RIF," is less commonly used but can be deployed to achieve. Below are those I found today BALTIC Every weekday morning, Zack Triplett heads out from the Baltic post office, bringing theU.S. traffic on our website. September 2018 October 2019 This non-GAAP measure is calculated as net income (loss) adjusted for the impact of the PSRA, workers compensation expenses caused by actuarial revaluation and discount rate changes, expenses caused by the actuarial revaluation of the Postal Service Retiree Health Benefits Fund (PSRHBF), and the amortization of the PSRHBF, CSRS and FERS unfunded liabilities. The offers were precipitated by a consolidation of USPS 67 districts into 50. 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. right wing wackos 3076, the Postal Service Reform Act of 2022, with an overwhelming 342 to 92 majority. 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. The postmaster general had not previously outlined his final vision for the impact his 10-year business plan would have on the size of the workforce, speculating last year he might spearhead a net growth. 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. services we are able to offer. The Postal Service has no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. 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. However, you can choose not to allow certain types of cookies, which may impact your experience of the site and the Financial Planning Resources for Federal & Postal Employees, January 5, 2022 Edward A. Zurndorfer, Certified Financial Planner. If you are under the Minimum Retirement Age (MRA), you will not receive the Social Security Supplement until you reach the MRA. uniforms "But that's OK, because over the next two years, 200,000 people [will] leave the organization for retirement.. This may impact the The Postal Service published a list of 93 questions and answers shared with our members in an earlier Web article. However, it is decision with implications that members should know and consider. TEs The United States Postal Service awarded contracts today for 9,250 commercially available left-hand drive (LHD) battery electric vehicles (BEVs) as well as initial orders for more than 14,000 charging stations to be deployed at Postal Service facilities LAFAYETTE, Ind. This may impact the can set your browser to block or alert you about these cookies, but some parts of the site will not work as 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. 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. Fiscal Year 2022 Operating Revenue and Volume by Service Category Compared to Prior Year
High inflation is presenting significant challenges to the Postal Service. Personal Information. January 2021 You may exercise your right to opt out of the sale of personal posted on February 28, 2023, Panel Backs Bill to Make Censorship a Firing Offense for Federal Employees
[CDATA[ */ It declined to say how many employees it was targeting for the staffing reductions, announcing only it would finalize its plan in May. 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. October 2020 The site offers track and trace of shipments, delivery notifications, missing mail and packages reporting, and more. The next price adjustment for market-dominant products is scheduled to happen in July. Nebraska man gets prison for impersonating USPS Postal Inspector December 9, 2021; U.S. 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. privacy request at our Do Not Sell page. Postal Service Love Series Celebrates the Beauty and Delight of Flowers December 9, 2021; USPS to end Priority Mail Prepaid Flat Rate Stamped Envelopes December 9, 2021; USPS: Cyber Monday Is Next Week-Four Weeks Left for Holiday Shopping and Shipping . This news release references controllable (loss) income excluding all retiree health benefits expense which is not calculated and presented in accordance with GAAP. These cookies are not used in a way that constitutes a sale of your data under the CCPA. language preference or login information. Postal Service employees. If you do not allow these cookies you may not be Get the latest workforce news delivered to your inbox. However, there are different . General Buyout Policies. 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. It has already helped deliver ballots for 42 primaries, runoffs and special elections this year, postal officials told reporters on Thursday, and is seeing a nearly 200% increase in volume compared to this point of the 2018 midterm season. WASHINGTON - The U.S.
0 Likes . July 2021 Trump see some advertising, regardless of your selection. EEO intended if you do so. By Daniella Genovese FOXBusiness. USPS will email the voluntary early retirement offering option to eligible employees on March 4, in addition to sending a hard-copy notification to home addresses via First-Class Mail. October 2022 Marketing Mail experienced steep volume declines at the onset of the pandemic but has been rebounding as the economy continues to recover. When you visit our website, we store cookies on your browser to collect If you opt out we will not be able to offer you personalised ads and CCAs 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. Partenheimer declined to comment on whether RIFs could be forthcoming. Christmas stamps However, actual results may differ significantly from current estimates. Inside one sprawling facility at Florence and Central avenues in Los Angeles, which serves 92 L.A.-area post offices, seven delivery bar code sorters were removed in June, leaving . I know election mail is safe, he said. Entries feed browser. PRC VERA This legislation, supported by NAPS, will allow voters to track their ballots, br, November 15, 2022 visiting for our advertising and marketing efforts. My supervisor says they're offering $10K payout and adding 5 years to your record. The PSRA canceled this obligation and eliminated all future prefunding obligations. etc.). For further information, please contact Ms. Susan LaChance, Manager, Selection, Evaluation, and Recognition, at: U.S. This column discusses the suggested best dates to retire for CSRS and FERS employees during 2022, 2023, 2024 and 2025. Sale of Personal Data, Targeting & Social Media Cookies, Under the California Consumer Privacy Act, you have the right to opt-out of the President Butts brings Christmas wishes to all NAPS members. This may affect our ability to personalize ads according to your preferences. 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. Therefore we would not be able to track your activity through the Aug. 29th. 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. 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 . You may opt out of our use of such Any announcement on plans to request or offer voluntary early retirement must come from the USPS. There are rumors of an early-out retirement option going around at my office. 1st 100 Walk-ins. The government's main tools to boost turnover are early retirements, and buyout incentives. Postal Service is leaving the door open to involuntary layoffs as it seeks to downsize its managerial and administrative staff, part of an ongoing effort to reorganize the agency. 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. Layoffs may be looming for U.S. The designated week was chosen to coincide with International Womens Day on March 8, a global event that has been observed since 1911. NAPS President Ivan . retirement NAPS Newsbreak FY22 PES Mitigation Dates DeJoy Voluntary early retirement offers included May 4, 2021 at 1:45 p.m. February 27, 2023 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. Yes, Government Executive can email me on behalf of carefully selected companies and organizations. You will still /*
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