Follow us! >

The ‘new deal’ for federal retirement: What the latest FERS proposals really mean for your benefits

Little by little, the proposals have become somewhat less devastating and a little more fair to employees who have been planning for retirement and were worried about the rules changing at the last minute. One of the most disturbing things that have been haunting pre-retirees was the proposal to change the basis of the FERS retirement benefit from the “high-three average salary” to the “high-five.” Thankfully, that is gone and there is no longer anything to worry about for now on that topic.

However, the elimination of the FERS supplement is still there, though it has been made less onerous.

Sign up to receive our Daily Postal News blast

Related Articles

Tell us what you think below!

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Hot this week

Mail thefts, robberies, fraud and other postal crimes – 01/05/26

Postal crimes are almost a daily event.  These are the ones we found today

Autopsy finds no drugs in man killed in postal machine in Allen Park, death ruled accidental

The medical examiner’s report revealed mechanical asphyxia as the cause of death, meaning his breathing was obstructed, leading to suffocatio

USPS worker fell into coma, was denied workers’ comp and fired after inhaling dust at Georgia distribution facility

A USPS worker in Duluth, Georgia, has now contacted the rank-and-file committee about a horrific ongoing experience at the North Metro Processing & Distribution Center.

This letter carrier enjoys interacting with his customers each day

My name is Jon Kwon and I’m a letter carrier in Syosset, a small community on Long Island, NY.

USPS driver injured after crashing into Sharon, Mass., home

A USPS truck driver is injured after they crashed into a home in Sharon, Massachusetts, the town's fire chief said.
spot_img

Related Articles

Popular Categories

Secret Link
0
Would love your thoughts, please comment.x
()
x
Send this to a friend