APWU President Cliff Guffey is congratulating APWU retirees and other former employees who will soon receive the first installment of the $15,000 incentive the APWU negotiated last year. The first payment of $10,000 (minus applicable taxes and withholdings) will be available on May 24, 2013. The second installment of $5,000 will be paid on May 23, 2014.
“We hope our newest retirees are enjoying their new lives,” Guffey said. “We’re sure they will enjoy the incentive.
“But there are many battles still to fight — to strengthen the Postal Service and protect Social Security and Medicare to name a few — and we hope our recent retirees will spend some of their free time helping to win them,” he said.
Beginning May 24, 2013, retirees and other former employees who are eligible for the incentive payment may pick up their checks from the installation where they last worked. As an alternative, former employees may provide a PS Form 3077 [PDF] to their final employing office requesting to have the check mailed to their address of record or to an address they provide on the form.
Retirees Director Judy Beard is urging local union officers and retiree chapter leaders to reach out to retirees when they pick up their checks on May 24. “Please thank them for their years of service and their support for the APWU, and please encourage them to join the Retirees Department,” she said. Applications [PDF] are available at www.apwu.org.
The union is mailing responses to Frequently Asked Questions [PDF] about distribution of the checks to eligible Retiree Department members.
Retired last January waiting for the next incentive check. Couldn’t be more happy. Trying to find a way to keep the tax’s from coming out
Good thing I had some reserves,my interm checks, $478, just weren’t getting it. I spent almost all my money, had to borrow on a CD to pay. Bills. Finally my first real check was deposited September, six months after I retired. No one told me ahead of time that it would take this long, but considering the way the post office treated me the past 28 years why I am I not surprised.
Left the P.O. after 33 years and it is kind of bittersweet. Worked tour 1 all those years, doing a long distance commute from N.J. to Manhattan. Unlike most of the comments I read, the last decade or so were good with managers who acted like humans. Need a day off? Got it. Step off? No problem. I guess this is an exception, and I have had miserable experiences too, but there are some nice people in the service.
Yeah!! Got the small incentive check, at least I can pay some bills and buy grocery’s. Have been in contact with Judy Beard, head of usps retirement department. She has been a GREAT help with opm. With her help she was able to get with opm and finally find my paperwork so I can start getting my interim payments. Thank You, Judy!!!!!
Karen
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I found it under the term Annuity Supplement on the OPM website: http://www.opm.gov/retirement-services/publications-forms/csrsfers-handbook/c051.pdf page 16:
A. Duration of Retiree Annuity Supplement
The retiree annuity supplement terminates at approximately age 62, whether or not the retiree is entitled to or applies for Social Security benefits at that time. (See section 51A1.1-3, paragraph E, for specific termination date.)
B. Earnings Reduction
A retiree may not receive part or all of the supplement if his or her earnings exceed a certain amount. After reaching the MRA, retirees who are receiving the annuity supplement are required to report earnings annually to OPM. (See part 51A3 for detailed information.)
C. COLA’s
The retiree annuity supplement is not increased by cost-of-living adjustments (COLA’s).
No problems for me with OPM. Got the first check right on time. Wasn’t even looking for it, since the word out was it would be awhile.
Anyone know who pays the SS supplement? Who we have to keep up our address to? I heard it wasn’t coming from OPM, but the USPS; but HR says OPM. I can’t find it on the OPM website, tho.
David, we already have the RV. Feb 1st I arrived in Guam to finish out my husband’s Navy career. We left Guam May 20th, so we are ready to drive the RV to our retirement address in FL [where we grew up, him in Pensacola; me in Clearwater]. We plan to travel the States and meet our Facebook friends!
Yeah the few people I knew who retired have not had any problems with OPM getting their money. I don’t know what to do. I have called OPM almost every week, always talk to someone different so I have to explain the situation over and over again. 4 months without any income, and I can’t do anything but wait! Thank God for the little back-up money I had (emergency fund) BUT it is gone, I cashed my last bonds. I hope I get some money by June…..
As far as the incentive, it won’t even cover my 2 maxed credit cards that I have had to used to eat, gas and live in general. Other than that I am so glad to be out! Last Christmas from October and still in January we had NO stamps to sell. Out of Christmas stamps, No coils, No flag books. We would get in a couple of decks of something and they would be gone!!! It was awful, telling the customers that we didn’t have anything to sell. Embarrassing!!
Originally, I thought the $10,000 payment would only have 20% Federal tax withheld. Now. knowing that so much more will be taken out, it wouldn’t be worth the 20 mile drive to pick it up in person. Before I retired, I left a Form 3077 for each incentive payment (as well as my last paycheck) with a trustworthy secretary in the MDO’s office. I’ll phone to let her know I still want it mailed to me, and I should have it on Sat. or Tues. at the latest if it’s delayed by the holiday. Too bad every retiree doesn’t know about Form 3077. I did not want to return to the scene of the “crimes” I endured for so long as a clerk in a P&DC for 29 years. I am SO-O-O glad I left!! The incentive, although not really very much after all, was the tiny spark of light at the end of the dark tunnel and I ran for it without looking back. Good luck to the rest of you who didn’t (or just couldn’t yet) retire in January.
I had 37 years in maintenance and I still have nightmares about being late for work. It feels so good to retire. I am going to buy a motorhome and go camping and fishing with the money I get May 24th. When I picked up my first check my boss was more than happy to let me in and use the bathroom.
I heard horror stories about OPM screwing up and delaying payments. . I haven’t experienced any of that and am somewhat impressed with the service I received. Happy to be retired.
I was not sure how this annuity situation would work, hearing all the rumors about not receiving a monthly check, and just working with OPM to get it correct. I am happy to say, I have not had any issues with OPM or with my TSP, I received a partial checks starting on March 1 and my file was updated and a corrected annuity payment sent in May. With a full retirement payments to be sent on June 1.
I realize this is half our regular salary, but this was the best decision for me. I love having my own time, not reporting at a specific time. I work my 32 years for the Postal Service, that was enough.
where i work all the regulars are bidding out of automation the poor quality of managers is running everyone off. only PSE’S LEFT. so the mail is slow and delayed. MANAGEMENT START BEING NICER OR YOU DESERVE WHAT YOU GET,THIS PLACE IS LIKE A PRISON WITH THAT MENTALITY AND THE SAME QUALITY OF PEOPLE
So. Glad I retired in Jan will take this money and pad my savings account. Have not missed the Post Office. Not one minute
I took the early at 55 yrs old, 26 yrs at the VMF. OPM was right on time for me. I got my first interim in FEB, got retirement completed April 25 and looking forward to the incentive ck. I hope everybody enjoys there retirement!!
Next year, they file for bankruptcy, trust me.
Will another cash incentive to retire be offered in 2013?
To all the retirees, if your previous managers will not say it, then I will. “Thank you for your commitment” Being able to retire means you have put in some serious time with the company. You deserve appreciation & admiration for your patience. Since you retired, than you weren’t terminated, therefore making your contributions to the company and dedicating your hard work and commitment of many years. Those of us ‘half way in’ have learned a lot from the old timers (not so much in age; as years of service)whether it be in the form of how to perform the job, or how to be more resilient. Remember, it has always been senior teaching the junior craft. No management training on the job at all. It was and always is,.just us..I wish you all the luck with your next endeavour, should that be lazy beaches or another business venture.
sounds like a level 3, but they treated him like number 2
I have been getting my retirement payments since april right on time. Don’t need the money yet and hopefully will stay debt free.
I am so very very happy that I left this company. I had 34 years in and believe me I do not miss it at all. I will pick up my check and and have a wonderful time I am getting 2,840.00 per month and going to bank all this money (pension) for the next 10 years, as I will be working another city job. And I am still young and in good health.
As soon as I pick up my incentive check I am going to apply for Food Stamps.
There’s a good one, Judy…..get thanked for the years of postal service….heck when I went to get my 2nd incentive check they wouldn’t even let me use the bathroom….pretty neat….get kicked out of the same building that they used to write me up for when I didn’t come there….LOL oh well.
Don’t people remember when Guffey was telling people there were no incentive discussion? All the sudden the $15,000 appeared. His lies need to be accountable!
NEED the money. I have not received any money yet from OPM. Not one interim payment. retired 1/31 WOW, Hope I can pay off maxed credit card!!!