Thursday, September 18, 2008

2009 COLA for Federal, Military and Social Security Retiree

COLA Still Up

"...on track for a 6.0 percent cost of living adjustment in January, 2009. Last month the COLA, which is based on the rise (and sometimes fall) of the Consumer Price Index, indicated a 6.2 percent retiree increase for 2009. ..."    



This Article is From: www.federalnewsradio.com

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Wednesday, September 17, 2008

United States Postal Service (USPS) - History 101


"...The United States Postal Service (USPS) is an independent establishment of the executive branch of the United States government (see 39 U.S.C. § 201) responsible for providing postal service in the US. Within the United States, it is ordinarily referred to as the "Post Office", "Postal Service", "U.S. Mail" or "USPS"...."    



This Article is From: en.wikipedia.org

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Monday, September 15, 2008

Disability Benefits Under CSRS and FERS

How Much Will Federal Employee Disability Benefits Be?

"...FERS uses a different benefit formula that takes into account any Social Security disability benefits for which you may be eligible.

During your first year of disability, FERS will pay you 60% of your high-3 average salary minus 100% of an approximation of any Social Security benefit for which you qualify. No COLA's will be paid during this year.

(Note that Social Security disability payments and the reduction in your FERS benefit will not begin until 5 months after you qualify for Social Security disability. You will receive full FERS benefits during this period.)

During your second and any future years until age 62, your basic FERS benefit will amount to 40% of your high-3 salary. If you are entitled to Social Security disability benefits, your FERS annuity will be reduced by 60% of the approximate amount of your Social Security benefit. COLA's match the inflation rate if it is 2% or less. If the inflation rate is more than 3%, the COLA will be 1% less than the inflation rate.

The total FERS and Social Security benefit you receive will be equal to at least 40% of your high-3 salary plus 40% of your Social Security disability benefits. You may also get your Thrift Savings Plan account when you become disabled.

Your basic FERS disability benefit will be recomputed at age 62. At that time, you will receive your accrued FERS retirement benefit. In this case your accrued FERS benefit would be based on years of service that include the time you were receiving disability benefits. Also, the average salary used would be based on what you were earning at the time you became disabled, increased by all cost-of-living adjustments under FERS during that period. ..."    



This Article is From: www.opm.gov

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Disability Retirement Under the Civil Service Retirement System CSRS

Computation of Benefits

"...The "earned annuity" is simply the sum of 1.5 percent of the highest 3 years' average salary (high-3) times the first 5 years of service, plus 1.75 percent of the high-3 times the next 5 years, plus 2 percent of the high-3 times service over 10 years. ..."    
This is a non-technical summary of the laws and regulations on the subject. It should not be relied upon as a sole source of information.



This Article is From: www.opm.gov (RI-83-4)

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Friday, September 12, 2008

House moves to stop black market sales of tobacco


"...require Internet and other remote sellers to verify the age and identity of purchasers to cut down on sales to minors. Delivery of cigarettes and smokeless tobacco through the U.S. Postal Service would be ended...."    



This Article is From: ap.google.com

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Tuesday, September 9, 2008

Mark of the Eagle final episode launches


"...total upheaval of society as we know it is a ragtag band of office workers and one dedicated letter carrier. The final episode of Mark of the Eagle premieres today on USPS TV On Demand and it’s a climax like never before seen in the annals of man-vs.-machine-with-a-postal-hero-lore. It’s like “The Office meets The Terminator” — with a dash of Lord of the Rings thrown in...."    



This Article is From: www.markoftheeagle.com

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Friday, September 5, 2008

Marijuana Stamp

Marijuana defendants receive tax bill from state for plants

"..."In the entire history of the program, I think all of the stamps we have sold as far as we know have gone to stamp collectors..."    



This Article is From: www.myrtlebeachonline.com

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Thursday, September 4, 2008

Mail carrier under investigation for identity, mail theft


"...Do you suspect theft? Postal customers in the Carey area who suspect they may have been a victim of identity theft or mail theft are encouraged to review their credit history at www.annualcreditreport.com and to contact the U.S. Postal Service, Office of Inspector General at 1-888-877-7644 or to visit www.uspsoig.gov...."    



This Article is From: www.theprogressortimes.com

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Beach police seek man who tried to steal postal truck


"...man took the purse, ran toward a mail carrier’s truck and demanded the vehicle, Long said. The carrier fled...."    



This Article is From: hamptonroads.com

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Wednesday, September 3, 2008

USPS Pounds Own Coffin Nails


"...Seattlest, Seattle - We hear that--in addition to uprooting friendly neighborhood mailboxes--the USPS is saving money by removing stamp vending machines from post offices across..."    



This Article is From: seattlest.com

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TSP August 2008 Rates of Return


"...These returns are net of the effect of accrued administrative expenses and investment expenses/costs. The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost...."    



This Article is From: www.tsp.gov

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Tuesday, September 2, 2008

Flags of Our Nation

Second Set of Three-Year Multi-Stamp Series Issued

"...In addition to the stamps, there is an impressive Flags of Our Nation Collector’s Folder available for purchase, Item #786575 for $29.95. The special folder is specifically designed to preserve and display all 60 stamps in the Flags of Nation series. The Collector’s Folder comes with a coil of 50 stamps from Set 1 (the first 10 designs) and mounts for all 60 stamps in the series. You may purchase separately a coil of 50 stamps only from Set 2 (the second 10 designs) to add to the folder...."    



This Article is From: www.usps.com

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Postal Strike of 1970


"...Only once before has there been a national postal strike. During a crippling two-week walkout in 1970, President Nixon called in federal troops, and discovered that soldiers could protect the mail but not deliver very much of it. Avoiding a similar calamity this week became the No. 1 item on the Government agenda...."    



This Article is From: www.time.com

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Pneumatic Mail


"...image, showing the pneumatic mail department in the basement of an American post office. The practice of loading mail into canisters and shooting them through tubes with compressed air dates back to the nineteenth century. A pneumatic message line linked the London Stock Exchange and a telegraph company in 1853, and there was a pneumatic telegraph and mail system in London soon after...."    



This Article is From: Post Office Postcards

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Sunday, August 31, 2008

Postal Service prepares for Gustav


"...Houston, TX —The Postal Service is preparing for the arrival of Tropical Storm Gustav by advising customers to mail today or tomorrow to ensure timely processing of mail destined for delivery outside the local area...."    



This Article is From: www.kbmt12.com

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Friday, August 29, 2008

Ohio lawmakers hold DHL hearing


"...The field meeting was held to collect testimony on a planned business deal that’s projected to cause an astounding loss of 7,400 to 9,700 jobs based in and around Wilmington...."    



This Article is From: www.wnewsj.com

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Wednesday, August 27, 2008

USPS Mail Processing Facility Consolidations

No. 2 Oakland County project: U.S. Postal Service Processing Center

"...During planning, the USPS also saw some opportunities to incorporate some of the processing functions from its Flint and Detroit centers into Pontiac, but during construction, Congress intervened to review the plan...."    



This Article is From: www.mlive.com

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Watchdogs question US Post Office outsourcing system


"...The US Postal Service's outsourcing tactics are questionable and accountability is spotty. Those were the major conclusions of a Government Accountability Office report issued to Congress this week that specifically said the USPS does not have a comprehensive mechanism for measuring outsourcing results, including any actual savings; therefore, it could not provide information on the effectiveness of its outsourcing programs. ..."    


This Article is From: www.networkworld.com

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Potter addresses NAPUS convention

GROWING OUR SUCCESS

"...“The economy is going to come back,” Potter said. “Our biggest opportunity for growth is with small- and mid-sized businesses. That’s your expertise. Keep doing what you’re doing to show these folks how we can help them grow their businesses.”..."    



This Article is From: usps.gov

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