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We offer a competitive compensation benefits package.
Compensation & Benefits
In addition to competitive basic pay rates, most Postal Service employees also receive regular salary increases, overtime pay, night shift differential, and Sunday premium pay.
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. There are many plans available, including both traditional insurance coverage and Health Maintenance Organizations (HMOs). Employee premium contributions are not subject to most taxes, making health insurance even more affordable.
Flexible Spending Accounts
Career employees may participate in the Flexible Spending Accounts (FSA) Program after one year of service. Tax-free FSA contributions can be used to cover most out-of-pocket health care and dependent care (day care expenses).
Retirement
The Postal Service participates in the federal retirement program, which provides a defined benefit annuity at normal retirement age, as well as disability coverage.
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. 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.
Social Security & Medicare
Newly hired postal employees are covered under Social Security and Medicare.
Life Insurance
The Postal Service offers coverage through the Federal Employee’s Group Life Insurance Program. The cost of basic coverage is fully paid by the Postal Service, with the option to purchase additional coverage through payroll deductions.
Leave
The Postal Service offers generous annual (vacation) and sick leave – 10 days of annual leave per year for the first 5 years, increasing to 15 days per year after 5 years of service, and to 20 days per year after 15 years of service. In addition, full-time employees earn 3 hours per pay period as insurance against loss of income due to illness or accident.
Holidays
The Postal Service observes 10 holidays each year.
Career Development & Training
The Postal Service offers a learning environment that reinforces success through training initiatives that allow employees to improve basic operational knowledge and gain leadership skills. Executive-level development is provided through a comprehensive multi-level program designed for those executives meeting certain high-performance criteria.
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