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)…

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USPS ELM Revision: FERS Revised Annuity Employees (RAE)

Effective March 19, 2015, the Postal Service™ is revis­ing the Employee and Labor Relations Manual (ELM). Recently Public Law 112-96, the “Middle Class Tax Relief and Job Creation Act of 2012” made changes to the FERS retirement law. New career employees (as designated in the statute) hired on or after January 1, 2013, will be…

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