All APWU represented employees who are retirement eligible should consider delaying their retirement until the Postal Reform efforts have been concluded. Each of the legislative initiatives (Issa – Carper – Obama) includes the return of the $7 billion overpayment with authorization to use it for retirement incentives. Retroactivity is probably unachievable so to secure eligibility, […]
USPS has published the following Statements, White Papers and Talking Points on eliminating layoff protection, administering its own retirement and health programs While the Postal Service remains the cornerstone of a $1 trillion industry and will continue to be vital to the U.S. economy, the Postal Service will be insolvent next month due to significant declines […]
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, […]
PMG ANNOUNCES REDESIGNED POSTAL SERVICE VOLUNTARY EARLY RETIREMENT, INCENTIVE PROGRAMS OFFERED Postmaster General Pat Donahoe today announced a newly redesigned Postal Service, one that is better positioned for growth, reflects further alignment within the organization to achieve core business strategies and, when fully implemented by March, 2012, will eliminate almost $750 million in costs to […]
Office of Personnel Management Director John Berry pledged Wednesday to increase new retirees’ interim annuity payments — even if it means some will temporarily be overpaid. Currently, more than 38,000 recent retirees are receiving interim annuities — which are sometimes as low as half of what they are owed — for months while overwhelmed OPM […]
To Be Succeeded by Deputy Postmaster General Donahoe October 25, 2010 WASHINGTON — After nearly 10 years as U.S. Postmaster General and CEO of the U.S. Postal Service, John E. Potter today announced that he will retire on Dec. 3, after 32 years of service. The Governors of the Postal Service named Patrick R. Donahoe, […]
Retirement decisions are among the most important — and daunting — that members can make. Now, navigating the paperwork and understanding retirement plans is easier, thanks to the APWU Retiree Advice Center. Retired APWU members — or members who plan to retire in the near future — can now e-mail their retirement-related questions to RetireeAdviceCenter@apwu.org. […]
As announced in March of this year, the Postal Service has added a new feature (eRetire) to LiteBlue which will provide employees the option of using self-service to begin the retirement process. eRetire is a web-based system which allows employees to: View an annuity estimate if they are within (5) years of retirement; Download a […]
Many APWU members who retired in October have reported that they still have not received regular annuity checks. We also have heard that many retirees receive a busy signal every time they call the Office of Personnel Management (OPM) on the agency’s toll-free number. This is an intolerable situation, and I have met with OPM […]
As reported earlier USPS is offering early out retirement to employees in selected offices. Below is a snippet of the VER offer in the mail or received by some employees: The U.S. Postal Service has received approval from the U.S. Office of Personnel Management (OPM) under its Voluntary Early Retirement Authority (VERA) to offer Voluntary […]