The cost of Basic coverage is fully paid by the Postal Service, with the option to purchase additional coverage through payroll deductions. Life Insurance The Postal Service offers coverage through the Federal Employees’ Group Life Insurance (FEGLI) Program. Social Security & Medicare Newly hired postal employees are covered under Social Security and Medicare. Employees contribute to TSP on a tax-deferred basis and may receive automatic and matching contributions (up to 5 percent of pay) from the Postal Service. Thrift Savings Plan Career postal employees may contribute to the Thrift Savings Plan (TSP), which is similar to 401(k) retirement savings plans offered by private sector employers. Eligibility is determined by your age and number of years of creditable service. Retirement The Postal Service participates in the federal retirement program, which provides a defined benefit (pension), as well as disability coverage. Long-Term Care Insurance Employees may enroll in the Federal Long-Term Care Insurance Program (FLTCIP), which insures for the costs of receiving long-term care (e.g., nursing home or assisted living), which typically is not covered by health insurance or Medicare. Tax-free FSA contributions can be used to cover most out-of-pocket health care and dependent care (daycare expenses). Flexible Spending Accounts Career employees may participate in the Flexible Spending Accounts (FSA) Program after one year of service.
#Mailman starting salary full
While employees pay the full cost, this group insurance offers excellent coverage at rates made even more affordable because premium contributions are not subject to taxes. Dental and Vision Insurance Employees are eligible to participate in the Federal Employees Dental and Vision Insurance Program (FEDVIP). Employee premium contributions are not subject to most taxes, making health insurance even more affordable. There are many plans available, including Fee-For-Service, Health Maintenance Organizations (HMOs) and High Deductible & Consumer-Driven Health Plans. Health Insurance The Postal Service participates in the Federal Employees Health Benefits (FEHB) Program, which provides excellent coverage and flexibility with most of the cost paid by the Postal Service. Compensation In addition to competitive basic pay rates and regular salary increases, depending on the type of job held, most employees may also receive overtime pay, night shift differential, and Sunday premium pay. We offer a competitive compensation and benefits package for Postal Service™ career employees. Security controls for commercial mailers.2022 (Pay Period 25-2022) pdfĬost of Living Increase and Wage Chart Effective March 11. General Wage Increase and Wage Chart Effective November 19. We will post additional information when known. The date to receive the retroactive pay from Pay Period 25-2022 through Pay Period 08-2023 has not been determined. Lastly, MHAs will receive a 2.3% general increase and a $0.50 wage adjustment effective Novem(PP25-2022). In addition to the general increases provided in Section 9.1, wage schedule RSC M reflects an additional 1% increase for steps AA-A and 1.3% increase effective Novem(PP25-2022) for all other steps. This is the first of three-scheduled general wage increases as outlined in the 2022 National Agreement. As the 2022 National Agreement has now been ratified, this pay will be implemented beginning in Pay Period 09 -2023 which begins on April 8, 2023.Įffective November 19, 2022, Pay Period 25-2022 (and retroactively applicable)- For career mail handlers, the basic annual salary for each grade and step of Table One and Table Two shall be increased by an amount equal to 1.3% of the basic annual salary for the grade and step in effect on September 20, 2022. The remaining Steps in Table 2 will receive the proportional COLA increase percentages as outlined in Article 9.3 of the National Agreement. This COLA increase is based on the upward change in the relevant Consumer Price Index (CPI) following release of the January 2023 Index, using the July 2022 CPI index as a base, and will provide an annual increase of $208 for all Steps in Table 1 and for Step P of Table 2. This is the first of six possible COLA increases under the terms of the current agreement. Cost-of-Living Adjustment (COLA) set at $208Įffective March 11, 2023, Pay Period 07-2023 (and retroactively applicable), all career Mail Handler craft employees are scheduled to receive a cost-of-living (COLA) adjustment as outlined in Article 9.3 of the 2019 National Agreement.
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