Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts

Saturday, January 6, 2024

Postal Retirees | When will i get my 2023 1099-R from OPM to file my taxes?

Postal Retirees | When will i get my 2023 1099-R from OPM to file my taxes?

1099-R
Article Excerpt: "Watch the mail in late January for your 1099R. OPM will mail your 1099R in the last week of January, using the address they have on file for you as of the second week of December. If you have not received your 1099R by the first week of February, they may not have your current address. Sign in to Services Online or call us at 1-888-767-6738 to update your mailing address. Your 1099Rs will be available online on Services Online by January 31. You can print the current year and two previous years’ 1099Rs on Services Online, using these instructions. ..."



Resource: www.opm.gov

2023 1099-R








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Thursday, November 16, 2023

Meet the postal worker, 90, who has no plans to retire and 'turn into a couch potato' (70 years of Federal Service)


Meet the postal worker, 90, who has no plans to retire and 'turn into a couch potato'


'Leroy Brown was just about to start his career with the United States Postal Service. His first day: Dec. 31, 1955. ...He's still going strong, working in the Los Angeles International Service Center, a USPS processing center. The 90-year-old is in his 70th year of service to the federal government, including a two-year stint in the U.S. Army...Retirement doesn't seem to be in the nonagenarian's plans. He's healthy, he's active, he loves being around other people and, well, he's not really sure what he'd do anyway. "I don't want to turn into a couch potato," Brown said. "I don't just want to sit around in one place."...'


Reference: www.jsonline.com
Tags: ...a retired postal worker,Postal Retirement, 70 years of Federal Service,Leroy Brown, Retirement,


Monday, November 16, 2020

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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Saturday, February 15, 2020

NAPS: FY 2021 White House Budget Targets Postal Service and Its Employees

"...Also, the President proposed budget hits against the postal and federal community. In part, the budget proposes to: increase employee retirement contributions to FERS approximately six-fold; eliminate the COLA for FERS retirees and to reduce the CSRS COLA by 0.5%; change the calculation of federal annuities from the High-3 to the High-5; reduce the earned interest in the Thrift Savings Plan G-Fund; and eliminate the Special Retirement Supplement for FERS annuitants who retire prior to reaching Social Security eligibility. The projected 10-years savings from these proposals total $179.5 billion. NAPS is urging Congress to reject White House proposals that undermine the Postal Service or target the pay and benefits of its employees..."    


This Article is From: naps.org
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APWU Responds to White House Budget

"...The budget also proposes slashing social safety net programs, eliminating or reducing CSRS and FERS cost of living increases, increasing employee retirement contributions, and changing the way retirement is calculated. “This budget is a blueprint of the administrations priorities and it is clear they do not value the dedicated postal and federal workforce, seniors, or those in need of assistance” said Legislative and Political Director Judy Beard. “As Congress develops their own budget, we will remain vigilant and work with our bipartisan allies to fight back against the attacks laid out in the White House budget..."    


This Article is From: apwu.org
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Friday, April 12, 2019

Alabama Postal Worker Retires, Office in Tears

Whiting retires from Columbiana Post Office

"...But someone else at the post office will have to start handing out the candy. After 25 years of service, Whiting has retired from the place where his kindness to everyone who walked through the doors—and to his coworkers—was his trademark..."    


This Article is From: www.shelbycountyreporter.com
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Friday, October 6, 2017

House Budget is an attack on FERS employees more so than CSRS, cuts G Fund rate, ends SRS, raises employee contributions again

House advances 2018 budget resolution with federal retirement cuts

"...elimination of supplemental payments to employees who retire before age 62; A switch to a defined contribution pension plan for new federal employees; reduce the G fund’s rate of return..."    


This Article is From: federal-employees.blogspot.com
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Wednesday, September 19, 2012

Postal Service Retirement - Best Time to Retire

Best time to retire from USPS

"...I am a CSRS USPS employee (age 56 with 35 years’ service) thinking about retiring at the end of the year. Do the same dates hold true for postal workers as federal employees? To maximize my benefits..."    

This Article is From: federaltimes.com Read our latest posts! .

Tuesday, October 5, 2010

APWU Members March For Good Jobs, Change in America

"... AFL-CIO President Richard Trumka addressed the diverse crowd of nearly 200,000 working people, stressing the importance of committing to change in America.

“We come together today because America needs good jobs,” Trumka said. “Jobs that support families — all families. Jobs that give our young people paths of opportunity, not obstacles. Jobs that allow people to retire with dignity.”..."    postal news

This Article is From: www.apwu.org Read our latest posts! .