USPS reminds employees to update their beneficiary forms

The Postal Service wants employees to have up-to-date beneficiary forms for life insurance and other benefits. While completing a beneficiary form is not mandatory, doing so allows an employee to choose who will receive payment. If an employee does not name a beneficiary, payment will be made to the next of kin according to a…

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USPS OIG Report: Assessment of Overtime Activity

Objectives Our objective was to assess Postal Service controls over managing overtime. Overtime pay is a premium that eligible employees receive when they perform work in excess of eight paid hours in a day, or 40 paid hours in a week. Per union contracts, regular overtime is paid at one and one-half times an employee’s…

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