The Postal Service participates in the Federal Employees Health Benefits (FEHB) Program, which provides
excellent coverage and flexibility with most of the cost paid by the Postal Service
.
What kind of health insurance does USPS offer?
Nationwide plans
are available to all eligible Postal Service employees no matter where they reside. Employees may use medical providers of choice; however, medical providers who have contracted with the PPO network or health plan may offer discounted charges.
How long does it take to get health insurance at USPS?
USPS Health Benefits (USPS HB) Plan
Within 60 days from new hire date
.
Who is the insurance provider for USPS?
NEW: The US Postal Service's non-career Health Benefit Plan will be transitioning from United Healthcare to
CareFirst Blue Cross/Blue Shield (BCBS)
on January 1, 2022.
Do USPS employees get health insurance after retirement?
Similar to most other federal agencies,
the USPS offers health care benefits to its employees, retirees, and their dependents through the Federal Employees Health Benefits Program (FEHB)
, which is administered by the Office of Personnel Management (OPM).
How many years do you need to retire from the post office?
The subscriber may exit from NPS before attaining the age of
60 years
, only if he has completed 10 years in NPS.
Entitlement. An employee is entitled to Sunday premium pay equal to
25 percent of his or her rate of basic pay for each hour of Sunday work
. For this purpose, Sunday work consists of nonovertime work during an employee's regularly scheduled basic tour of duty (not to exceed 8 hours) that begins or ends on a Sunday.
Can you retire from USPS after 20 years?
583.22 Mandatory Retirement
Postal Inspectors are the only postal employees subject to mandatory retirement because of age.
They are subject to mandatory retirement on the last day of the month in which they become 57 years of age or complete 20 years of law enforcement service if then over that age
.
What retirement benefits do postal workers get?
The amount of money a postal worker makes in retirement depends on their age and how long they worked as a postal worker or government employee. A postal worker who retired in 2020 with 25 years of service would make a
monthly basic annuity between $1,308-$1,335
.
Is USPS a good career?
The USPS is a great employer that offers effective career progression for all employees regardless of their seniority or type of employment
. It is easy to see why so many people are drawn to employment opportunities within the USPS.
What is the best job at the post office?
What Is The Best USPS Job? Rural routes are the most sought-after position at the USPS. As a result, a
rural mail carrier
is considered to be the best USPS job. Rural carriers earn nearly $75,000 per year!
What USPS job pays the most?
| Title 2016 Title | POSTMASTER GENERAL 285,240.00 POSTMASTER GENERAL | SECY USPS BD OF GOV 205,700.00 SECY USPS BD OF GOV | VP AREA OPERATIONS 205,700.00 VP AREA OPERATIONS | VP CONTROLLER 204,223.00 VP CONTROLLER |
|---|
How do I set up health insurance with USPS?
- By Phone. Call 1-877-477-3273, Option 5.
- By Fax. 202-268-0359.
- Online. Visit the LiteBlue Page. Tips for enrolling online. Visit the LiteBlue page at https://liteblue.usps.gov. Have your Employee Identification Number and USPS PIN ready. Type https://ewss.usps.gov in your browser's address bar.
Are US postal workers federal employees?
Letter carriers who deliver mail in the United States are public servants who uphold their public trust by ensuring the safe passage of the mail. We are
career and non-career government employees
who take pride in our work, in our nation and in our employer: The U.S. Postal Service.
What is the average pension for a US postal worker?
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
$1,824 a month
without any deductions. That equals about $22,000 annually. A worker with the same salary and 40 years of service earns $3,837 monthly, or about $46,000 annually.
How does USPS health insurance work?
Newly hired postal employees are covered under Social Security and Medicare.
The Postal Service offers coverage through the Federal Employees' Group Life Insurance (FEGLI) Program
. The cost of Basic coverage is fully paid by the Postal Service, with the option to purchase additional coverage through payroll deductions.
Can you retire from USPS after 10 years?
If you're at your MRA with less than 10 years of service, you're eligible for a deferred retirement at 62
, as explained above. If you're at your MRA with at least 10 years but less than 30 years of service, you're eligible for an immediate, reduced FERS retirement benefit with the age penalty applied.
Do postal workers pay Medicare tax?
Employees covered for Medicare only contribute 1.45 percent of their gross wages
with the Postal Service contributing a like amount.
Do postal workers get a pension and Social Security?
Federal Employee Retirement System
Employees pay their share of their paychecks into the basic plan and Social Security each month, while
the postal service puts an amount equal to 1 percent of an employee's basic pay into a Thrift Savings Plan
.
Can I take my post office pension at 55?
You can start taking some, or all, of your benefits as early as 55
. This is the minimum age set by the Government. If you take your benefits early, the amount you get will be reduced.
Do retired postal workers get Medicare?
Law requires postal retirees to enroll in Medicare
. The landmark Postal Service Reform Act (H.R. 3076) Congress passed this week ends the mandate that the Postal Service pre-fund its retiree health benefit costs and requires postal workers to enroll in Medicare Parts A and B when they turn 65.
Does USPS give bonuses?
For CY 2017, the annual salary of each Postal Service employee was limited to $207,800.
Under a bonus or reward program approved by the U.S. Postal Service Board of Governors, the Postal Service could compensate employees up to $240,100 in total compensation
.
What is the 701 rule USPS?
432.53 City Letter Carriers (7:01 Rule)
A city letter carrier who actually works more than 7 hours but less than 8 hours of a regular scheduled day and who is officially excused from the completion of the 8–hour tour is credited with 8 hours of work time for pay purposes. This is known as the 7:01 rule (see 443.212).
Can USPS force you to work on your day off?
The Postal Service's website does not cover what to do if management asks you to come in on your day off. But, the locals of FederalSoup.com are adamant:
You are not obligated to work on your day off
. However, if you feel like a supervisor is punishing you for not working on your day off, you should contact HR.
What is the penalty for retiring early under FERS?
If you retire at the MRA with at least 10, but less than 30 years of service, your benefit will be reduced by
5 percent a year for each year you are under 62
, unless you have 20 years of service and your benefit starts when you reach age 60 or later.
How do I retire from USPS?
Use form SF 3107, FERS Application for Immediate Retirement, to apply for immediate retirement
. You can obtain the form from your employing agency. Submit the completed application to your employing agency. Give your agency at least 60 days notice before the date you intend to retire.
How early can I retire under FERS?
FERS employees are eligible for a full (unreduced) immediate annuity at
age 62 with 5 years of service
. With 5 years or more service, at age 62 or older, workers can leave federal service and claim a full pension.
