USPS ELM Revision: FERS Further Revised Annuity Employees (FRAE)
Effective March 19, 2015, the Postal Service™ is revising the Employee and Labor Relations Manual (ELM). Recently, section 401 of the “Bipartisan Budget Act of 2013,” signed into law by the President on December 26, 2013, created another class of FERS coverage, FERS-Further Revised Annuity Employee (FRAE). New career employees (as designated in the statute)…