USPS: Understanding Survivor Benefits

Do you know about survivor benefits and how they work? You can make one of the following survivor benefit elections to occur in the event of your death: No survivor benefits Full or partial annuity for spouse Full or partial annuity for former spouse Combination of full or partial annuity for a spouse and former…

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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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NALC’s Retirement Guide

Here’s a quick retirement guide for letter carriers to make the most of their postal and union benefits. Source: National Association of Letter Carriers

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UPMA: Senate Approves Budget Resolution Without Benefit Hits

Posted by Bob Levi on 10/19/17 On Thursday evening, October 19, the Senate narrowly passed (51-49) its version of a budget resolution that did not include “reconciliation instructions” targeting postal and federal retirement and health benefits. The Senate GOP leadership elected to take up the House passed budget resolution, House Concurrent Resolution 71, and substitute…

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USPS: Looking forward – Tools and resources available for retirement planning

Whether you are new to the Postal Service or a longtime employee, it’s never too early — or too late — to begin planning for your retirement. These tools can help: Federal ball park estimator: Includes projected federal annuity and Thrift Savings Plan (TSP) benefits to help you quickly approximate how much you need to…

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Senate Republicans Go After Federal Retirement Benefits, Too

By Eric Katz – March 18, 2015 Senate Republicans called for cuts to the federal workforce, higher pension contributions and changes to health care benefits in a budget blueprint unveiled Wednesday. The changes would result in $170 billion in savings over 10 years on the backs of federal employees, Senate Budget Committee aides said. The…

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