Retired Postal Worker Fights To Get More than Half Of Pension

OPM backlog affecting recent postal retiree.   Mt. Vernon, OH — A Mt. Vernon veteran who devoted three decades to the U.S. Postal Service as a mail carrier says he is now receiving only about half his pension check from the federal government. Jon Minard served in Vietnam, losing an eye to a grenade, before […]

NALC reacts to USPS statement regarding 2011 FERS contributions

June 22, 2011 — The Postal Service announced on June 22 that it is suspending its bi-weekly contributions to the Office of Personnel Management (OPM) for Federal Employees Retirement System (FERS) benefits (11.7% of basic pay), because its FERS account within the government-wide pension plan has a large surplus, and because it would like to […]

Senator Carper Statement on USPS Decision to Suspend FERS Payments

WASHINGTON – Today, Sen. Tom Carper (D-Del.), chairman of the subcommittee with jurisdiction over the U.S. Postal Service, released the following statement reacting to the Postal Service’s decision to suspend its Federal Employees Retirement Systems (FERS) payments: “Today’s drastic action by the U.S. Postal Service underscores the urgent need for Congress and the Administration to […]

USPS Notifies OPM of Its Intention to Suspend Employer’s Contributions To FERS

U.S. Postal Service Institutes Cash Conservation Plan- FERS account surplus valued at $6.9 billion WASHINGTON — The U.S. Postal Service has informed the Office of Personnel Management (OPM) of its intention to suspend its employer’s contributions for the defined benefit portion of the Federal Employees Retirement System (FERS) to conserve cash and preserve liquidity. The […]

OPM Memo: Recredit of Sick Leave for Re-employed FERS Retirees

The following is a Memo released by the Office Of Personnel Management (OPM) Recredit of Sick Leave for Re-employed FERS Annuitants Who Retire Between October 28, 2009, and December 31, 2013 The U.S. Office of Personnel Management has been asked whether employees covered by the Federal Employees Retirement System (FERS) who retire between October 28, […]

OPM Posts New And Revised Leave Fact Sheets

OPM has posted eight revised leave fact sheets on their website: Sick Leave (General Information) Sick Leave for Personal Medical Needs Sick Leave for Family Care and Bereavement Sick Leave to Care for a Family Member with a Serious Health Condition Sick Leave for Adoption Emergency Leave Transfer Program Voluntary Leave Bank Program Voluntary Leave […]

How The Government Shutdown May Affect Current and New Federal Retirees

The National Active and Retired Federal Employees Association (NARFE) has compiled information on how a Government shutdown will affect Federal Workers and Annuitants. The information below covers areas which may apply to Postal Workers: Annuity Benefits: Judging from similar government shutdowns in the past, and the fact that OPM retirement operations are not funded through […]

OPM IG Releases Study On USPS OIG’s Proposals to Change USPS Funding of Retiree Benefits

Press Release from the OPM Office Of Inspector General Study of the Risks and Consequences of the USPS OIG’s Proposals to Change USPS’s Funding of Retiree Benefits: Shifting Costs from USPS Ratepayers to Taxpayers’ Washington, DC – (Feb. 28, 2011) Today, the U.S. Office of Personnel Management (OPM), Office of the Inspector General (OPM OIG), […]