Where do I fit? – FERS information offered for newly hired career postal employees

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 — or if you had less than five years…

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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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Unlocking the Secrets of FERS

By Tammy Flanagan – January 22, 2015 As you probably know, federal employees are generally covered by one of two retirement systems: the “old” Civil Service Retirement System or the “new” Federal Employees Retirement System. But FERS isn’t that new any more. It includes many employees who have accumulated 30 or more years of federal…

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APWU: New Code on Form 50 Reflects Bigger Deduction for Retirement

Web News Article #: 111-14 June 3, 2014 – Several people have inquired about the designation “FERS-RAE” on the Form 50s of employees who were recently converted from Postal Support Employee to career. The new designation reflects that the employees were hired as career employees on or after Jan. 1, 2013, and are covered under…

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