Financial results in the Form 10-K are available at http://about.usps.com/what/financials/. Why Deny Hazard Pay For Feds Forced To Take COVID Risks? Bernie Sanders Marketing Mail revenue increased $1.4 billion, or 9.7 percent, on volume growth of 894 million pieces, or 1.4 percent. This is 4 hours for full time employees. Follow us on Twitter, Instagram, Pinterest and LinkedIn. You can set your browser to block or alert you about these cookies, but some parts The Postal Service had an adjusted loss of $473 million for the year, compared to adjusted income of $1.5 billion for the same period last year. September 2020 November 2018 guns Why Deny Hazard Pay For Feds Forced To Take COVID Risks? Take advantage of every opportunity to learn the specifics about your retirement benefits. Forward-looking statements contained in this release represent the Postal Service's best estimates of known and anticipated trends believed relevant to future operations. used to make the site work as you expect it to and to provide a more personalized web experience. I'm Having the same issue. December 2021 The site offers track and trace of shipments, delivery notifications, missing mail and packages reporting, and more. throwing stuff Employees who decide to accept the offer can apply by completing and submitting the required documents by April 16; the retirements will take effect April 30. AFGE The Combined Federal Campaign is slated to conclude Jan. 15. August 2020 Some points to consider when making your decision: Make your decision on complete and accurate information about your retirement benefits. determining the most relevant content and advertisements to show you, and to monitor site traffic and All rights reserved. January 2018 March 2019 Click on the different category headings to find out more and change our can set your browser to block or alert you about these cookies, but some parts of the site will not work as uniforms Adjusted loss increased by $2.0 billion, compared to the same period last year, despite the $1.5 billion increase in revenue, due to inflationary impacts on several operating expense categories. If you have enabled privacy controls on your browser (such as a plugin), we have 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. will not hand over your personal information to any third parties. Many are asking, "Should I accept early-out retirement?". Postal Service Headquarters 475 L'Enfant Plaza, SW, Room 9671 Washington, DC 20260-4250 performance, so that we may improve our websites and your experience. We seem to be left in the dark this time around, the postmaster said. If you opt out we will not be able to offer you personalised ads and They do not store directly personal information, but are based on uniquely identifying your browser and This may impact the That is a personal decision. Note the following:: 1. use third-party cookies which are cookies from a domain different than the domain of the website you are The buzz is that there will be an announcement on January 16 of a VERA (Voluntary Early Retirement Authority) offer made to ALL crafts that includes a 5-year incentive. On a U.S. generally accepted accounting principles (GAAP) basis, the Postal Service had net income of $56.0 billion for the year, compared to a net loss of $4.9 billion for the same period last year, due almost exclusively to the one-time, non-cash impact of the PSRA. More specifically, we use cookies and other tracking 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. 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. to learn more. 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. postalnews.in They 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. Your USPS PIN will be automatically mailed to your USPS address of record. ensure the proper functioning of our September 2018 COLA He pledged to get rid of 150 annex plants and the agency is in the process of building mega-centers that he said will reduce redundant operations and transportation. Executive Board, The plan will reduce the size of our administrative organization, which is not uncommon when we go through big, big reorganizations and reestablishment of what youre going to be doing in the future, the postmaster general said. January 2023 We also NRLCA 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. Copyright 2007-2023 My Federal Retirement. You 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. penalty overtime Politics Sale of Personal Data, Targeting & Social Media Cookies, Under the California Consumer Privacy Act, you have the right to opt-out of the browser. hazmat TEs This assumes that the end of pay period 26 (the end of the current leave year) occurs between Dec. 31st and Jan. 13th. posted on March 1, 2023, SHOW Up Acts Potential Implications on Extended Use of Telework for Federal Employees FEHBP ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy Additionally, you may contact our legal As part of a settlement agreement with the NAACP and Public Citizen last year, USPS pledged to make a good-faith effort to implement extraordinary measures in the runup to the election similar to those in place in 2020. November 2021 And it'll continue to be safe because we pay a lot of attention to it., NEXT STORY: /*