What is the Special Retirement Supplement (SRS) and why is it important for FERS employees? A full career FERS employee with 30 or more years of Service can retire at their minimum retirement age (MRA) which is between the ages of 55 and 57, depending on the year in which the employee was born. FERS … Read more
In 1985, I began a new position at FBI headquarters in Washington as a retirement counselor. This position laid the groundwork and provided the training for my future career as a retirement specialist that I continue today. My official title was Employee Relations Specialist-Employee Benefits, and my duties included communicating laws, policies and regulations regarding … Read more
The backlog of pending pension claims at the Office of Personnel Management fell in April for the third straight month, in part from an increase in applications processed, according to numbers released May 6 by the Office of Personnel Management. OPM received 8,047 retirement claims in April —higher than the projected 6,500. The agency was … Read more
Audit Report – HR-WP-14-002 – 05/01/2014 The U.S. Postal Service continues to experience financial challenges and operated at a $5 billion deficit in fiscal year (FY) 2013. The Postal Service remains a labor-intensive organization; it incurred about $47 billion in compensation and benefits expenses in FY 2013, including about $6 billion for retirement benefits. In … Read more
Web News Article # 082-14 May 5, 2014 – Thousands of former postal employees who took advantage of the Voluntary Early Retirement Incentive in 2013 will be returning to the post office where they last worked to pick up their final incentive check on May 23, reports Retirees Department Director Judy Beard. This presents a … Read more
Four months into 2014 and APWU Retirees Department Members have yet to receive their membership cards, despite Director Beard’s assurances the problem was resolved and they were going out on April 12, 2014. It’s now May 1, 2014. Just how difficult can it be to accomplish this task? We have approximately 40,000 dues-paying retiree members who deserve the respect of, at the … Read more
Click Here for APWU Pittsburgh Area Retiree Chapter’s The Retiree Record [PDF] After decades of dormancy, the Union reemerged as a fighting institution on April 24! All over the country thousands of APWU members and supporting Unions, along with other labor activists, demonstrated our outrage at Staples stores over their raiding of Post Office jobs. … Read more
This is a reminder to ALL APWU Retirees Department Members: You must make a request for the group AD&D Certificate of Insurance. It’s a good idea to request this certificate and keep it with your important papers so that your survivors are aware of your no-cost coverage in the event of an accidental death. The age 80 restriction … Read more