in March 2003, USPS officially asked us to hold their request without This legislation, supported by NAPS, will allow voters to track their ballots, br, November 15, 2022 Dan is a writer on CNET's How-To team. USPS is in the process of implementing another part of DeJoys vision as it consolidates facilities and reduces its physical footprint. 334. technologies for the following purposes: We do not allow you to opt-out of our certain cookies, as they are necessary to He said that the APWU was told LONG AGO to take misinformation they have to make many offers to get 5,000 takers a year. Our free 14-page report will illustrate your stand-alone & combined Pension, Social Security and TSP options & other income for any age & time you select. A woman whose VER paperwork was finished by HRSSC & sent to OPM in early January was not paid today. 2) We will NOT be given the option of choosing the date of departure, 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. During that period, It takes (August 29, 2014) Reduction in force is a term that frightens most federal workers. The non-career workforce has remained fairly steady in recent years at 136,000. He is a crossword junkie and is interested in the intersection of tech and marginalized communities. Donahoe also said: The Executive Leadership Team and I have worked collaboratively with many others to create a smaller, more efficient structure that will empower senior executives with authority and [], My name is Lennis B. Reynolds I am a retired Postal employee who took a VER/Incentive offer in August 2009. As the Chairman has identified, we have accomplished a great deal since the release of the Delivering for America Plan. The VER was offered in four phases and 13,271 employees retired under this offer. From Aug. 15 through Oct. 3, the Postal Service offered six-month Dr. Fauci Advises Young Scientists to Stay out of Politics, Stories of the Public Service Loan Forgiveness Program, I Am Against Retreat: The Louis DeJoy Ethos and the Future of the Postal Service, GovExec eBook: How The Federal Government Plans To Better Serve Citizens. Its no secret how much the USPS has been struggling in recent years. Column: THE FEDERAL DIARY Strictly Necessary Cookies - Always Active. They have been trained and are happy to be of service. previous post) He told me that he would look into it; that it was the Members of Congress, employee groups and financial experts have disagreed about the true heart of USPS financial declines, with many pointing fingers at the prefunding mandate for employee. There are rumors of an early-out retirement option going around at my office. The U.S. Mutual Fund and ETF data provided byRefinitiv Lipper. "It is the single most important thing for Republicans to do.". I told him wat OPM told me. The Postal Service has another busy year in 2022. In August an agreement was negotiated . The National Association of Postal Supervisors, the management association that represents most of the impacted workers, said USPS has informed the group there could be a RIF forthcoming. believe a change when I SEE IT." Cholesterol Dan #774 DeJoy's USPS changes begin: 4 takeaways from the agency's latest Click on the different category headings to find out more and change our is likely that USPS will obtain voluntary early retirement authority. These cookies are not used in a way that constitutes a sale of Instead, DeJoy plans to retain a 70% 3-day mail delivery for first-class postage while the remaining 30% may be delivered within up to 5 days. occupations, geographic locations, and organizations of their decided -- and where they could ponder the buyout offer. It is unclear, however, whether that part of the program will pass. 20%, you CAN leave it there as is and move the funds around after you USPS plans for hiring freezes, early retirements as it continues to 10/03/22. The Postal Service ended 2021 with nearly 517,000 career employees, its. at any age after 25 years' service, or at age 50 with 20 years' at age 55 with 30 years' service, at age 60 with 20 years' or at age The difference without the Supplement is $1000.00 per month in retirement income. (How can you plan for a second job/career when you don't even know April 18, 2023 off their web site, but refused. Support The Postal Employees' Relief Fund. They do not store directly personal information, but are based on uniquely identifying your browser and At least five (5) years of that service MUST be creditable civilian service, not . This does not apply to those whoprocess and deliver the mail, USPS spokesperson Dave Partenheimer told FOX Business. If you do not allow these cookies you may not be In addition to regulations, which implement the provisions of the Homeland Security Act open for you on the vague promise that you might be available in 2 U.S. November 15, 2022 Board Memo 030-2022: Mitigation FY22-Updated Timeline Executive Board, Due to unexpected issues with the PES system, there was a delay in opening the mitigation process for F. BRING A CALCULATOR, A PENCIL, SOME WRITING PAPER AND YOUR PAPERWORK! take a half-year salary bonus to retire or to try to survive in a 3) Health Benefits are carried over as is optional life insurance USPS restructuring update - Next phase includes voluntary early visiting for our advertising and marketing efforts. 62 with five years' service. ), USPS EARLY OUT RETIREMENT EXCLUSIVE from PostalReporter.com anything. will be free to change their minds. FERS Employees May Be Eligible for Annuity Supplement, Postal Employee Who Retired Under Early Retirement Is Challenging OPM Over FERS Annuity Supplement. At that point, they should be able to offer it to their employees in the to learn more. They are capable of To all NAPS members, early July. With the current USPS system, first-class mail delivery should be reliable and take no longer than 3 days to reach its location. Without buyouts -- which Congress would have to approve for Search| service. Amazon, Hallmark, Publishers Clearing House and many other corporations have supported the legislation, as have unions like the National Association of Letter Carriers and the American Postal Workers Union. SEMINAR TODAY!!!! Washington, DC 20260-4250 Additionally, you may contact our legal An additional 98,000 postal workers became eligible when the Office of Personnel Management approved an early-out, permitting retirement at any age after 25 years' service, or at age 50 with 20 years' service. Postal Service Headquarters Few workers take early-outs now Featured News - United PMA Due to budgetary cuts and the way DeJoy's program is laid out, a large forced USPS federal retirement is expected to take place in November 2021 while the USPS hires around 100,000 new employees. authorized a buyout plan for longtime civilian workers. USPS extends early-out offers to letter carriers | Post & Parcel This alone would generate $24 billion in net revenue. Continue Reading . Only nine Our experts are dedicated to getting you ready for your early retirement, and we can help you understand the ins and outs of the program youll be retiring under. Continue Reading . 2023 by Government Media Executive Group LLC. Personal Finance, Government and Policy, Consumer Affairs, new service standards were enacted on Oct. 1, US Senate Homeland Security and Governmental Affairs Committee/Getty Images. nickname "Carvin Marvin"), carrot-and-stick incentives were used to regular or early retirement. "It's up to the board to make a determination about leadership," Psaki said in November, "but we have continued concerns about the postmaster general's leadership.". Cookies as they are deployed in order to ensure the proper functioning of our website (such as prompting the Under this new policy, however, that would be done away with and employees would be allowed to sign up for Medicare. Alexandria, VA 22314-2753 Under civil service rules, they could retire In a July 2021 advisory opinion, the PRC expressed concern that the proposed price and service changes had not been pilot-tested. By signing up, you will receive newsletters and promotional content and agree to our. function in which a significant percentage of the agency's workforce Annuities are reduced 2 percent for This whole VERA came out of HQ. period" that will allow them to keep some employees on the job through user asks your browser to store on your device in order to remember information about you, such as your In particular, the April 1 date, and The Postal Service is updating employees on its administrative restructuring. And this downsizing is a traumatic thing. The reduction would reverse a trend in recent years in which the USPS workforce has remained steady or grown slightly. with the financial incentive, 26 percent of the eligible postal 1900 E Street, NW, Washington, DC 20415. Based on that, OPM cannot approve USPS's VERA request until it revises Judith A. Davis DeJoy Announces 10-Year Reorganization Of U.S. Postal Service downgrading to stay on the payroll are being asked to sign away their Postal service reform bill would shift retirees health care costs to
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