Post Office Retirement

Due to the covid 19 public health crisis and for the safety of our customers we have temporarily closed our walk in customer support center.

Post office retirement. Check if you may be eligible for this benefit. The csrs generally applies to employees who received a career appointment before january 1 1984 while the fers applies to employees whose initial career. Copies of an individual s retirement records and related correspondence may be maintained within the postal service in one of two ways.

Retirement operations center post office box 45 boyers pa 16017 or call. Office of personnel management looks at the highest salary earned during any three consecutive years of service. As it states in its 10 k with respect to retirement benefits the.

Based on years of service a postal worker earns 1 5 to 3 5 percent of their high 3 average salary for each year. The office of personnel and management opm administers both usps retirement programs the civil service retirement system csrs and the federal employees retirement system fers. Posted 11 24 am by bill zielinski.

The vera which looks over this change plans to make sure the retirees are cared for financially after an early retirement a system not so well developed. Check if you may be eligible for this benefit. Fers is a retirement plan for federal civilian employees.

The post office is required to fund pensions in advance in a manner applies to no other private sector company. As of early january 2018 the office of personnel management has given the usps employees the option to retire earlier. If you started working for the post office before 1984 you probably fall under the civil service retirement system unless you voluntarily switched to the newer federal employees retirement system.

Visit us in person temporarily closed. Office of personnel management post office box 45 boyers pa 16017. The united states postal service recently announced that it will immediately suspend payment of the employer portion of the contributions for all federal employee retirement system fers retirements.