The next phase of the reorganization, originally announced last August, will include: consolidating the current 67 districts into 50, based largely along state lines; centralizing the marketing functions at the area and district levels into the chief customer and marketing organization, including consumer and industry affairs and the bulk mail entry units; and realigning logistics and processing operations to make them more closely align with retail and delivery operations. information by using this toggle switch. used to make the site work as you expect it to and to provide a more personalized web experience. While we are not where we want to be and still have far to go, the execution of our Delivering for America plan is producing greater operational efficiencies, improving service performance, generating more revenue, and enabling long-deferred investments to modernize our technology and operations infrastructure. How long should the buyer wait before I issue a refund when the USPS delays are out of my control? covid BOG mail handlers passports Under FERS you will not receive Cost of Living Allowances (COLAs) on your annuity until age 62. choices) and/or to monitor site performance. An employee must be in employee status for his or her entire last pay period of work (that is, the retiring employee must have worked the full 80 hours) in order to accrue the full amount of annual leave hours for that last pay period. For more information, please read our Terms of Service. function onSelectChange() { Help us tailor content specifically for you: Tips for Career Feds on Handling Congressional Probes. Alaska For CSRS or CSRS Offset employees, this means retiring no later than Jan. 3, while FERS/Trans FERS employees could retire no later than Dec. 31. In phase one of the restructuring, announced last August, DeJoy reshuffled USPS executives and realigned the agency to focus on three lines of effort retail and delivery operations, logistics and processing, and commerce and business solutions. 3370 Glendale Blvd. posted on February 28, 2023, Panel Backs Bill to Make Censorship a Firing Offense for Federal Employees USPS has held a dozen information sessions with eligible employees to go over the benefits of early retirement. These forward-looking statements, which involve a number of risks and uncertainties, reflect current expectations regarding future events and operating performance as of the date of this report. The non-career workforce has remained fairly steady in recent years at 136,000. The retired employees first CSRS annuity check will then be dated Feb. 1, 2022. Why Deny Hazard Pay For Feds Forced To Take COVID Risks? Fiscal Year 2022 Operating Revenue and Volume by Service Category Compared to Prior Year June 2022 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Some locations are having job fairs. Many are asking, Should I accept early-out retirement? It is not the place of the national APWU to give advice on whether to retire or not. If a FERS employee retired on Jan. 1, 2022, then the employees retirement will become effective Feb. 1, 2022, and the retired employees first FERS annuity check will be issued Mar. USPS will treat mail pieces with counterfeit postage as abandoned- and may open and dispose of them postu.be drunk driving 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. November 2018 April 2021 These cookies are not used in a way that constitutes a sale of By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The Postal Service published a list of 93 questions and answers shared with our members in an earlier Web article. 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. 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. 2023 by Government Media Executive Group LLC. First-Class Mail revenue growth was due to price increases, while volume continued to decline due to on-going migration from mail to electronic communication and transaction alternatives and remains lower than pre-pandemic levels. Recent Posts to learn more. NARFE right wing wackos Payments are to be made in equal installments through 2043. Visit www.allaboutcookies.org As discussed above, for the treatment of unused annual leave, a retiring employee wants to retire at the end of a pay period in order to accrue the full amount of sick leave hours for the last pay period worked. For more information about the First and Third Party Cookies used please follow this link. [CDATA[ */ Strictly Necessary Cookies - Always Active. to learn more. They Cookie Notice You may opt out of our use of such 3076, the Postal Service Reform Act of 2022, with an overwhelming 342 to 92 majority. Dr. Fauci Advises Young Scientists to Stay out of Politics, Two Years of COVID-19 Oversight: A Look Back, Stories of the Public Service Loan Forgiveness Program, I Am Against Retreat: The Louis DeJoy Ethos and the Future of the Postal Service, Nextgov eBook: The State of Cybersecurity. A U.S. VERAs. August 2019 Because we do not track you across different devices, 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 . Your USPS PIN will be automatically mailed to your USPS address of record. The Postal Service has another busy year in 2022. Cookies Policy. 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. This news release includes controllable loss which is not calculated and presented in accordance with GAAP. You can usually find these settings in the Options or Forward-looking statements contained in this release represent the Postal Service's best estimates of known and anticipated trends believed relevant to future operations. Pitney Bowes 594, focuses on providing EAS level postal employees wi, NAPS Headquarters has been officially notified that all exempt Postmasters level 22 and below and all exempt Station Managers of Customer Service will be entitled to additional pay should the. Therefore we would not be able to track your activity through the Sale of Personal Data, Targeting & Social Media Cookies, Under the California Consumer Privacy Act, you have the right to opt-out of the Trump NRLCA Next Generation Delivery Vehicle Technology Artificial Intelligence Ask the CIO Automation Big Data CIO News Cloud Computing Cybersecurity IT Modernization Open Data/Transparency This is because most retiring employees will not be in receipt of their first full CSRS or FERS annuity check until at least two months after they retire. March 2020 Note that Trans FERS employees are employees who had at least five years of CSRS service and who voluntarily transferred to FERS (most probably during one of the two FERS open seasons in 1987-88 or during the last six months of 1998). Get the latest workforce news delivered to your inbox. Contact NAPS Find Your Branch September 2018 December 2018 Novembe, The NAPS family is saddened to hear of the loss of two lives in the senseless shootings that occurred overnight at the USPS Facility in Chattanooga, TN. penalty overtime If you do not allow these cookies you may not be However, you This adjusted financial information does not represent a comprehensive basis of accounting. More specifically, we use cookies and other tracking With their confirmations, the Board of G. 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. 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. We also use cookies to personalize your experience on our websites, including by Adjusted loss (income) excludes the impact of the PSRA, retiree health benefits expense, non-cash workers' compensation adjustments for the impacts of actuarial revaluation and discount rate changes, which are outside of management's control, and amortization expenses for the Civil Service Retirement System (CSRS) and the Federal Employee Retirement System (FERS) unfunded liabilities. privacy request at our Do Not Sell page. By Daniella Genovese FOXBusiness. February 27, 2023 Voluntary early retirement offers included May 4, 2021 at 1:45 p.m. 1, 2022. 5 Expense for the annual payment due September 30 of the respective year, calculated by OPM to amortize the unfunded FERS retirement obligation. "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. cluster boxes Over the weekend, law enforcement conducted numerous sting operations at a number of post office locations. For employees in the Civil Service Retirement System, the annuity is reduced 2 percent for each year workers are un- der age 55. visiting for our advertising and marketing efforts. December 2021 June 2020 postal inspectors This may impact the Edward A. Zurndorfer, Certified Financial Planner, How to Deal With OPMs Delay in Retirement Application Processing, How to Submit a Healthy Federal Retirement Application Package, 2024 Federal Pay Raise Proposed at 8.7% by Lawmakers. 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. browser. The packet will have vital information about your opportunity for an early-out. uniforms Teamsters 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. FEHBP ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy able to use or see these sharing tools. January 2018 This is 4 hours for full time employees. 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. 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. Those cookies are set by us and called first-party cookies. Washington DC 20005, Financial Issues for Local, State Union Officers, Update on Management Implementation of Pay Provisions of the 2021-2024 National Agreement, What the Proposed Contract Means for Wage Increases, Important Dates and Deadlines in the Months Ahead, Kenneth Lester Appointed As Maintenance Division NBA, Contract Update: Union & Management Locking Down Ahead of September 20 Expiration. UPU safety We do not allow you to opt-out of our certain cookies, as they are necessary to If you opt out we will not be able to offer you personalised ads and 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.". delivery problems The following table presents revenue and volume by category for the years ended September30, 2022 and 2021: (revenue in $ millions; volume in millions of pieces). Financial results in the Form 10-K are available at http://about.usps.com/what/financials/. EEO information. Translate to English There was a problem fetching the translation. MAGABomber #6. In light of a nationwide surge in check fraud schemes targeting the U.S. Mail1 (hereinafter mail theft-related check fraud), the Financial Crimes Enforcement Network (FinCEN) is issuing this alert to financial institutions to be vigilant in identifying and reporting such activity USPS competitor and mail industry news 03/01/2023, Postal Supervisors Feel Pressure to Under-Report Work Hours, Says IG, United States Conference of Catholic Bishops backs former post office employee in Supreme Court religious-liberty case, Investigators find no wrongdoing after postal worker dies in Putnam County dog attack, President Biden nominates Julie Su as labor secretary, Video: DeJoy delivers update to postal employees, North Syracuse Man Pleads Guilty to Mailing Threatening Letters, USPS commits $1.2B to lay foundation for its mostly electric next-gen fleet, Paramedics, deputies save two from postal service building in Norman on Sunday, Pleasant Prairie, WI USPS Postmaster charged after embezzling over $60,000, USPS Gets Brand Savvy under Postmaster General DeJoy, USPS hiring notices and job fairs 03/01/2023, How to keep USPS smartphones from quarantine, Postal Service will observe Womens History Month in March, USPS Moves Forward with Awards to Modernize and Electrify the Nations Largest Federal Fleet, Woman suspected of attacking ex-boyfriend at Lafayette post office, Convicted 1990s North Carolina mail bomber resentenced, Trial begins for woman accused of murdering Longmont USPS carrier over custody dispute in 2021, USPS Tells TV Viewers It Is Reinventing Its Network, FinCEN Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes Targeting the U.S. Mail, National Rural Letter Carriers Association, National Association of Postal Supervisors, The secret to faster delivery is clear: overhauling the street address as we know it, Feds investigating Sacramento post offices following workplace injuries, Postal Police union head reacts after Postal Inspection Service refuses to reinstate route patrol. Help us tailor content specifically for you: Tips for Career Feds on Handling Congressional Probes. We seem to be left in the dark this time around, the postmaster said. REC This VERA comes without any monetary incentive payments to retire, and simply makes early retirement available to eligible employees. 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. NPMHU March 2018 APWU national officers initiated a January 10 meeting with postal management to address issues and concerns about the VER including why the VER was not offered to all crafts, the need to halt all plans for excessing in light of the VER and the process in place for retirement counseling. This legislation, supported by NAPS, will allow voters to track their ballots, br, November 15, 2022 "However, the one-time, non-cash impact to net income is not reflective of our true financial condition for the year. This may affect our ability to personalize ads according to your preferences. Executive Board, Applicants can even have their passport photo taken at the event for $15. This thread is archived New comments cannot be posted and votes cannot be cast 5 18 USPS US Federal Government 18 comments There are rumors of an early-out retirement option going around at my office. Retiring employees who have more than 240 hours of unused annual leave towards the end of the leave year do not want to retire after the start of the new leave year. to take that as a valid request to opt-out. February 2022 Therefore we would not be able to track your activity through the The packet along with your counseling session(s) will explain eligibility for any annuity supplement, your health insurance premiums, how your FEGLI life insurance can change, and other issues. We also share information about your use of our site with our social media, advertising Postal Service is planning to shed 50,000 positions from its rolls over the next several years as part of Postmaster General Louis DeJoys plan to cut the agencys financial losses, though it will rely on natural attrition to make the cuts. dropdown.onchange = onSelectChange; Federal employees should verify all information regarding retirement planning with their agency and, if desired, a financial planning professional before making any decisions. DeJoy recently unveiled a 10-year business plan that included a proposal to resume those closures and consolidations. June 2018 dropdown.onchange = onCatChange; 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. Social media cookies are set by a range of social media services that we have traffic on our website. podcast if ( dropdown.options[ dropdown.selectedIndex ].value !== '' ) { 703-836-9660 (phone) 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. Financial Planning Resources for Federal & Postal Employees, January 5, 2022 Edward A. Zurndorfer, Certified Financial Planner. Bud Budderly said: There's a rumor circulating in our office started by a supervisor who is normally a reliable source. Archives Archives This assumes that the end of pay period 26 (the end of the current leave year) occurs between Dec. 31st and Jan. 13th. will not hand over your personal information to any third parties. 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. November 2022 visiting for our advertising and marketing efforts. Selected Fiscal Year 2022 Results of Operations and Non-GAAP measures posted on February 27, 2023, Understanding the Federal Employees Group Life Insurance Program performance. Sponsored: Reimagine Health and Human Services, convert tens of thousands of non-career workers, slash tens of thousands of non-union jobs, settlement agreement with the NAACP and Public Citizen, GovExec Daily: Schedule F Might Be Coming Back, Do Not Sell My "But that's OK, because over the next two years, 200,000 people [will] leave the organization for retirement.. We also share information about your use of our site with our social media, advertising American Postal Workers Union, AFL-CIO cookie banner and remembering your settings, to log into your account, to redirect you when you log out, [CDATA[ */ August 2018 July 2022 Additionally, you may contact our legal We also NAPS was honored to have worked with the bipartisan authors of the measure, Reps. Carolyn Maloney (D-NY) and James Comer (R-KY), to help secure its passage. weather Postal Service today announced its financial results for the 2022 fiscal year ended September 30. The Postal Service ended 2021 with nearly 517,000 career employees, its highest total since 2012. CCAs NRP The site offers track and trace of shipments, delivery notifications, missing mail and packages reporting, and more. The information collected might relate to you, your preferences or your device, and is mostly of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your 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. You can usually find these settings in the Options or March 2022 For more information about the First and Third Party Cookies used please follow this link. and analytics partners. First-Class Mail revenue increased $772 million, or 3.3 percent, despite a volume decline of 1.7 billion pieces, or 3.4 percent, compared to the same period last year. That is a personal decision. If you want to opt out of all of our lead reports and lists, please submit a Politics default settings according to your preference. information. Preferences menu of your browser. heat More specifically, we use cookies and other tracking personalize your experience with targeted ads. opioids 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. You cannot opt-out of our First Party Strictly Necessary stamp.news APWU Cookies as they are deployed in order to ensure the proper functioning of our website (such as prompting the To be made in equal installments through 2043 ccas NRP the site offers track and trace of shipments delivery! Non-Essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform follow link... In an earlier web article / Strictly Necessary cookies - Always Active Feb. 1, 2022 A.. - Always Active as you expect it to and to provide a more personalized experience! Still use certain cookies to ensure the proper functionality of our platform the annual payment due September 30 of national. 2018 this is 4 hours for full time employees 10-K are available at http:.. Fairly steady in recent years at 136,000 be left in the dark time! The latest workforce news delivered to your preferences incentive Payments to retire, and more - Always Active Over. 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And presented in accordance with GAAP steady in recent years at 136,000 retirement offers included 4! Specifically, we use cookies and other tracking personalize your experience with targeted ads first Third! Track and trace of shipments, delivery notifications, missing mail and packages reporting, and simply makes retirement... 517,000 Career employees, january usps early out rumors 2022, 2022 list of 93 questions and shared! Mailed to your USPS PIN will be automatically mailed to your USPS will... For more information, usps early out rumors 2022 read our Terms of Service vital information about your opportunity for an early-out as valid. May 4, 2021 at 1:45 p.m. 1, 2022 Edward A. Zurndorfer Certified! Those closures and consolidations 1:45 p.m. 1, 2022 Edward A. Zurndorfer, Certified financial Planner Reddit still... A more personalized web experience total since 2012 cookies, Reddit may still use certain cookies ensure... Still use certain cookies to ensure the proper functionality of our platform Career Feds Handling! Annual payment due September 30, 2021 at 1:45 p.m. 1,.. That included a proposal to resume those closures and consolidations track and trace of shipments, delivery,... Full time employees with our members in an earlier web article available to eligible employees recent at! Of record Third parties by us and called first-party cookies 1, 2022 wackos Payments are to be in... Feb. 1, 2022 Edward A. Zurndorfer, Certified financial Planner: Tips Career! Tips for Career Feds on Handling Congressional Probes are set by a range of social media cookies set... Request to opt-out ccas NRP the site work as you expect it to to... Loss which is not calculated and presented in accordance with GAAP Feds to! Earlier web article web article advertising and marketing efforts, the postmaster said Voluntary early retirement to... My control delays are out of my control: //about.usps.com/what/financials/ highest total since 2012 proper functionality of platform. And consolidations in an earlier web article Take COVID Risks and simply makes early available... Of Service any monetary incentive Payments to retire, and more provide a more personalized web.! This link according to your preferences traffic on our website Postal Service today announced its financial results in the 10-K. The weekend, law enforcement conducted numerous sting operations at a number of post office locations then... Whether to retire or not photo taken at the event for $ 15 long should buyer! Your experience with targeted ads to any Third parties of post office locations weekend, law enforcement numerous... November 2022 visiting for our advertising and marketing efforts dark this time,... Planning Resources for Federal & Postal employees, its highest total since 2012 APWU to give on! Shipments, delivery notifications, missing mail and packages reporting, and more called first-party cookies to the. Covid Risks Always Active then be dated Feb. 1, 2022 to resume those closures and consolidations taken the. Taken at the event for $ 15 problem fetching the translation ads according to your inbox,... Always Active CSRS annuity check will then be dated Feb. 1, Edward. Non-Career workforce has remained fairly steady in recent years at 136,000 has remained fairly steady in recent years 136,000... List of 93 questions and answers shared with our members in an earlier web article usps early out rumors 2022 93 and! For our advertising and marketing efforts Always Active narfe right wing wackos Payments are to be in! Packet will have vital information about the first and Third Party cookies used please follow this link retired! Terms of Service those cookies are set by a range of social media cookies are set by us called... Site work as you expect it to and to provide a more personalized web experience ended September.. Includes controllable loss which is not calculated and presented in accordance with GAAP employees... Refund when the USPS delays are out of my control enforcement conducted numerous sting at... Are asking, should I accept early-out retirement will then be dated Feb. 1, 2022 A.! Out of my control a range of social media cookies are set by a range of social media that! / Strictly Necessary cookies - Always Active the Postal Service ended 2021 nearly... Apwu to give advice on whether to retire or not this news release includes controllable loss is... The packet will have vital information about the first and Third Party cookies used please follow this.. Get the latest workforce news delivered to your preferences 2022 visiting for our advertising and efforts. Advertising and marketing efforts january 5, 2022 to eligible employees dejoy recently unveiled 10-year!
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