How Much Do Postal Workers Get Paid When They Retire?

"...As an example of USPS retirement under CSRS, a postal worker with a high-3 average of around $60,000 and 20 years of service earns...FERS also uses the high-3 average, paying 1 to 1.1 percent of the high-3 average salary for each year of service. Under FERS, a postal worker with a high-3 average of around $60,000 and 20 years of service earns..."    

This Article is From: chron.com
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Postal Employees Again Targeted in White House Budget

"...FERS employees would see an increase of contributions by 1% every year until it is equal to the contributions of the federal government; an elimination of the FERS supplement for those who retire before the age of 62; and elimination of cost of living adjustments (COLAs). CSRS retirees would face a reduction of COLAs..."    

This Article is From: www.npmhu.org
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