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Finance

Federal Tax Calculation for Lump Sum Payments

Effective pay period (PP) 01-2002 - and for the entire tax year 2002 - federal taxes will be withheld from lump sum payments at a rate of 27 percent. This represents a 0.5 percent reduction, in accordance with instructions (1) issued in the Economic Growth and Tax Relief Reconciliation Act of 2001 and (2) discussed in detail in IRS Publication 15, Circular E, Employer's Tax Guide.

When an employee receives a lump sum payment, the federal taxes withheld from that payment are computed based on an Average Taxation Rate (ATR). The ATR, which changes periodically, applies to lump sum payments such as: Pay for Performance (PFP), annual leave exchange, merits, incentive payments, awards, bargaining contracts, and other supplemental payments that are not part of regular wages.

- Payroll Accounting, Finance, 12-27-01


International Mail

IMM REVISION

International Mail - International Surface Air Lift (ISAL) Service

Effective December 27, 2001, Exhibit 293.71 in the International Mail Manual (IMM) is revised to reflect that International Surface Air Lift (ISAL) service is established to the Slovak Republic (Slovakia).

We will incorporate this revision into both the printed version of IMM Issue 27 and into the online IMM, which can be accessed via Postal Explorer at http://pe.usps.gov.

International Mail Manual (IMM)

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2 Conditions for Mailing

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290 Commercial Services

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293 International Surface Air Lift (ISAL) Service

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293.7 Postage

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293.71 Rates

[Incorporate the following entry into the alphabetical listing in Exhibit 293.71:]

Country City Code Rate Group
Slovak Republic (Slovakia) Bratislava BTS 5

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- Marketing, International Business, 12-27-01

International Mail - Suspension of Airmail Services to Afghanistan

Effective December 18, 2001, the following classes of international mail are suspended to Afghanistan, until further notice, due to a lack of available air transportation to Afghanistan:

• Airmail letter-post (including postcards, postal cards, and aerogrammes).

• Airmail M-bag service.

• Airmail parcel post.

• International Priority Airmail (IPA).

In addition, acceptance employees are reminded that the previously announced suspensions of all economy (surface) mail services and all categories of special services to Afghanistan remain in effect.

Any airmail letter-post items, airmail M-bags, airmail parcel post packages, or IPA items that are currently being held for dispatch to Afghanistan must be promptly returned to the sender bearing the endorsement "Service Temporarily Suspended." The senders to whom they are returned are eligible for a full postage refund as specified in Domestic Mail Manual (DMM) P014.2.4.

Customers who elect to reenter the returned item(s) after the suspension has been lifted are permitted to do so without having to affix additional postage. When customers select that alternative, acceptance employees should instruct them to obliterate the "Service Temporarily Suspended" endorsement before reentering the affected mailpieces.

Information pertaining to international mail service disruptions is available via the USPS Global Delivery Services Web site on the Internet at http://www.uspsglobal.com. To access that information, click on Service Updates and then on Mail Conditions/Service Updates.

- Marketing, International Business, 12-27-01


Philately

CORRECTION

Stamp Announcement 02-01, Lunar New Year - Horse Commemorative Stamp

The Lunar New Year - Horse commemorative stamp announcement in Postal Bulletin 22065 (12-13-01, pages 53-54) incorrectly listed the nationwide sale date as January 15, 2002.

The correct nationwide sale date for the Lunar New Year - Horse commemorative stamp is February 12, 2002.

- Stamp Services,Government Relations and Public Policy, 12-27-01

Plain Stamped Envelope Ordering Information

Follow these procedures to ensure the timely receipt of plain stamped envelope orders. Current and new accountable paper custodians should retain this document for reference and review it frequently. For complete information, refer to Handbook F-1, PostOffice Accounting Procedures, section 423.43. The current edition of Handbook F-1 is accessible on the CorporateIntranet at http://blue.usps.gov/cpim; click on HBKs.

Ordering Plain Stamped Envelopes

All stamp distribution offices (SDOs) and authorized CAG A-G Post Offices may submit requisitions to Stamp Fulfillment Services (SFS) for stamped envelopes. Plain stamped envelopes can be ordered once every accounting period according to the requisition schedule shown in Figure 1. Submit requests to SFS using PS Form 3205, Requisition for Plain Stamped Envelopes, which is shown in Figure 2. Submit all requisitions to arrive at least 7 days before the due date indicated on the schedule in Figure 1. Shipments are made in the second week following the scheduled submission week. Please maintain an 8-week inventory of stamped envelopes. Note: The submission week for stamped envelopes is not the same as those for stamps and stamped cards (see Handbook F1, 423.43-5).

Use a preaddressed EP-10E envelope, which is available from the Material Distribution Center (MDC; see paragraph below), to submit PS Form 3205 to SFS. Do not lend PS Form 3205 to other Post Offices. These forms are preprinted with your finance number and office information.

(Philately section continued on page 5.)