Have you started a Postal Service career job within the last few years? If so, the date you began your career appointment determines which Federal Employee Retirement System (FERS) category covers you. If you were hired after Jan. 1, 2013, and have no previous federal service â or if you had less than five years…
Effective March 19, 2015, the Postal Service⢠is revisÂing the Employee and Labor Relations Manual (ELM). Recently, section 401 of the âBipartisan Budget Act of 2013,â signed into law by the President on December 26, 2013, created another class of FERS coverage, FERS-FurÂther Revised Annuity Employee (FRAE). New career employees (as designated in the statute)…
By Tammy Flanagan – January 22, 2015 As you probably know, federal employees are generally covered by one of two retirement systems: the âoldâ Civil Service Retirement System or the ânewâ Federal Employees Retirement System. But FERS isnât that new any more. It includes many employees who have accumulated 30 or more years of federal…
