|
Postal
Retirement Information |
|
|
 |
Information on this page is provided by Roseanne Jefferson.
Roseanne is a retired USPS employee with an extensive background in USPS
retirement, disability retirement, OWCP, EEO, Labor Relations and HR.
She conducts individual and group counseling and is able to
comprehensively discuss the pros and cons of employees who are on OWCP,
disability retirement and regular retirement. Roseanne will be happy
to answer your postal retirement questions. Contact Roseanne at
roseanne.jefferson@yahoo.com.
|
|
Postal
Retirement Q&A October 2010
10/20/2010
Good day postal employees! This has been a busy couple of weeks for
me, being so close to the end of year & the early out for
Maintenance Supervision it has been hectic. I do one-on-one
individual retirement sessions that include filling out all the
paperwork, analysis of your life insurance (including telling you
the REAL DEAL (because that annuity statement as it relates to life
insurance is MISLEADING!!!)); health benefits, TSP. My client's
walked away knowing what their net monthly annuity would be. Last
year before I retired, I did over 40 group counseling seminars
throughout the state, (the PO had the get every ounce because they
knew once I left, no one had the retirement knowledge I had) and now
most of my clients have been those who attended one of my seminars.
I have been busy with that, and answering questions that have been
generated from you, the readers of PostalMag.com. The questions are
real, and my responses to them are real.
INFORMATION: Payment Date for VERA EARLY OUT 2ND PAYMENT of
$5000.00 - October 29, 2010
Q On July 31 2009 I took the early retirement offer from the
Postal Service. As you know, the Postal Service offered an in
incentive of $15,000 to clerks and mail handlers to retire after
stating in May 2009 that there was no money for incentives. My
question is; Is there any class action law suit out there concerning
this matter or is this a dead issue? Thank you in advance for your
response.
A You and I both!! I too retired July 31, 2009. I have not
heard that the NAPS or NAPUS or the League of Postmasters have filed
any class action on this issue. I was led to believe that NAPS was
going to initiate some type of legal action regarding this matter.
As of to date, I have not seen any activity on this issue. If it
does, I will post that information in PostalMag.
Q If I retire and have 11 weeks of annual leave accrued, I
know that I should get paid for that. What I am wondering if any
holidays fall during that time do I get paid for them also. Such as
if I retired in October 1, would I get also get paid for Columbus
Day, Veterans Day, Thanksgiving. Do they get added to my 11 weeks of
leave?
A The technical answer is you are only paid for leave while
you are ACTIVE on the postal rolls. So if your retirement date is
October 1st, then on any holiday that falls after your retirement
date, you are no longer active and could not be paid for leave when
you are no longer an employee. To follow up, no they are not added
to your AL, again because those holidays are after you are no longer
employed.
Q Looking forward to your articles. I have a question on
unused A/L. If I retire Dec 31, will I get paid for my use or lose
annual leave over the carry over limit?
A Great question. All "earned annual" should be paid to you,
should you retire on Dec. 31 even if it's over the carry over for
EAS or Craft. WHY, because you are NOT carrying it over...you have
earned it. You only lose it when you carry over the maximum to the
next year.
Next Time: ADVANTAGES, DISADVANTAGES AND TIPS ON ANNUAL LEAVE WHEN
RETIRING
Till we talk again in November.....Roseanne |
|
|
|
|
|
|
