Postal Service employees. 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. posted on March 1, 2023, SHOW Up Acts Potential Implications on Extended Use of Telework for Federal Employees DeJoy recently unveiled a 10-year business plan that included a proposal to resume those closures and consolidations. OIG ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy USPS first announced it would offer voluntary early retirement to eligible non-bargaining unit workers in early March. This VERA comes without any monetary incentive payments to retire, and simply makes early retirement available to eligible employees. choices) and/or to monitor site performance. The Postal Service said at the time those offers were part of an effort to right-size its workforce in response to accelerating declines in mail volumes. 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. Report a Problem. This news release references controllable (loss) income excluding all retiree health benefits expense which is not calculated and presented in accordance with GAAP. VERA & VSIP Menu Overview (VERA and VSIP Authorities) VERA - Voluntary Early Retirement Authority Covered Employees That's because many people think that buyouts (VSIPs in government lingo) and VERAs (early retirement) go hand in hand. Select Month The National Association of Postal Supervisors, which represents 27,000 active and retired USPS . Subscribe to the USPS YouTube channel, like us on Facebook and enjoy our Postal Posts blog. The retired employees first CSRS annuity check will then be dated Feb. 1, 2022. According to a previous grievance settlement with the APWU, local management must arrange a reasonably private space for employees who wish to receive individual counseling on the clock. The first bill, H.R. However, there is one exception; namely, those employees who want to retire toward the end of the leave year before the start of the new leave year and who want to receive their first annuity check on February 1st. The government's main tools to boost turnover are early retirements, and buyout incentives. postalnews.in "But that's OK, because over the next two years, 200,000 people [will] leave the organization for retirement.. Want to stay up to date with the latest federal news and information from all your devices? 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. Non-GAAP financial measures should be considered in addition to, and not as an alternative for, the Postal Service's reported results prepared in accordance with GAAP. You cannot opt-out of our First Party Strictly Necessary Forward-Looking Statements postal reform I agree to the use of my personal data by Government Executive Media Group and its partners to serve me targeted ads. It has delivered 99.5% of completed ballots from voters back to election officials within three days, marking an improvement on the 97.9% rate it oversaw in 2020. July 28, 2022 Postal Service Elections The U.S. February 2018 This assumes that the end of pay period 26 (the end of the current leave year) occurs between Dec. 31st and Jan. 13th. function onCatChange() { December 2020 Those cookies are set by us and called first-party cookies. The Postal Service published a list of 93 questions and answers shared with our members in an earlier Web article. BOG Your spouse can participate in the counseling session(s). If you are eligible for the VER, the USPS will be mailing you a packet on January 12th. The Postal Service ended 2021 with nearly 517,000 career employees, its highest total since 2012. 3 Represents workers' compensation non-cash benefit resulting from fluctuations in discount rates, changes in assumptions, valuation of new claims, revaluation of existing claims, and the administrative fee paid to DOL, less current year claim payments. USPS last offered early retirements on a large scale in 2018 when it provided the incentive to 26,000 mail handlers and clerks. In particular, they are maximizing the carryover from the previous leave year of 240 hours (assuming they are not Senior Executive Service employees or employees who worked overseas who have a higher carryover annual leave limit from one leave year to the next) plus assuming they are not using any annual leave in the current leave year and retiring at the end of the leave year, they can get paid for as many as 448 hours of unused annual leave (240 hour carryover and in the current leave year, accruing 8 hours each pay period for 26 pay periods or 208 hours and not using any annual leave hours) (if retiring before the end of pay period 26 such as December 31, 2021, accruing 200 hours of annual leave hours and not accruing any leave hours in pay period 26) . July 2019 Management has committed to respond to the APWUs questions which we will share with the membership as received. 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. The Postal Service will begin carrying out extra deliveries and collections, special pickups and expanded processing facility hours on Oct. 24 and continue those steps through Nov. 29, said Adrienne Marshall, USPS first-ever Election and Government Mail Services director. cookie banner and remembering your settings, to log into your account, to redirect you when you log out, All rights reserved. Any announcement on plans to request or offer voluntary early retirement must come from the USPS. Contact Us 1727 King Street, Suite 400 Alexandria, VA 22314-2753 703-836-9660 (phone) 703-836-9665 (fax) Christmas stamps [CDATA[ */ Copyright 2007-2023 My Federal Retirement. Amazon 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. Recent Posts Information on who to contact and how to arrange counseling will be in the packet. information. WordPress.org, Postal Service Issues Nonprofit Butterfly Garden Flower Stamps, Boston Man Charged with Armed Robbery of Postal Worker, USPS Celebrates the Symmetrical Beauty of Flowers on new $10 stamp, NALC and the Postal Service open negotiations for sixteenth collective bargaining agreement, USPS will treat mail pieces with counterfeit postage as abandoned- and may open and dispose of them. 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. 3076, the Postal Service Reform Act of 2022, with an overwhelming 342 to 92 majority. Due to unexpected issues with the PES system, there was a delay in opening the mitigation process for F, Statement of Charles Mulidore, Executive Vice President, National Association of Postal SupervisorsHearing Before House Oversight and Reform Subcommittee on Government Operations NAPS National President Ivan Butts delivers an update on IDB Supervisor Symposium. August 2019 Targeting cookies may be set through our site by our advertising partners. August 2018 STATEMENT ON POSTMASTER GENERALS ANNOUNCEMENT OF 3% PAY INCREASE packages Over the weekend, law enforcement conducted numerous sting operations at a number of post office locations. NALC if ( dropdown.options[ dropdown.selectedIndex ].value !== '' ) { Social media cookies are set by a range of social media services that we have December 2019 December 2017 information by using this toggle switch. browser. While many states and jurisdictions have sought to place restrictions on mail-in voting, often citing false claims of voter fraud, DeJoy sought to quash any reservations about the system. Additionally, you may contact our legal The U.S. to learn more. When DeJoy first took office, the postmaster general led an effort toslash tens of thousands of non-union jobs by offering early retirement incentives and layoffs as part of a reorganization of its management structure. penalty overtime department for further clarification about your rights as a California consumer by using this Exercise My workers comp 9:00a.m.-3:00p.m. Visit www.allaboutcookies.org The USPS said it plans to announce final structure and staffing in May. Your USPS PIN will be automatically mailed to your USPS address of record. coronavirus personalize your experience with targeted ads. CategoriesCategories cookie banner and remembering your settings, to log into your account, to redirect you when you log out, Assuming a FERS/Trans FERS employee is eligible to retire, no matter which day of the month a FERS/Trans FERS employee retires, the employees retirement becomes effective on the first day of the following month, with the issuance of the first FERS annuity check on the first day of the month thereafter. /*