CORRECTION

PostalEASE Thrift Savings Plan Election Times Changed

Instructions for making Thrift Savings Plan (TSP) elections published in Postal Bulletin 22195 (12-7-06, pages 49-50), stated that the beginning time for making an election is 12:01 P.M. Central Time (CT) and the closing time is 11:59 A.M. CT. Changes in technical system requirements made it necessary to change the closing time to 3:59 A.M. CT. Therefore, make your election using PostalEASE by 3:59 A.M. CT on the second Wednesday (day 12) of each pay period in order for the election to be effective in that pay period.

Please remove the poster, Thrift Savings Account (TSP) 2007 Enrollment Information, published in Postal Bulletin 22195 (12-7-06, pages 49-50), from bulletin boards and replace it with the corrected poster found on page 17 of this Postal Bulletin.

— Compensation,
Human Resources, 2-1-07

Thrift Savings Account (TSP)
2007 Enrollment Information

Elections for 2007 begin December 20, 2006
4:01 A.M. CT

Elections for 2007 end December 19, 2007
3:59 A.M. CT

TSP Contribution Limits

• The new TSP contribution limit (based on the 2007 IRS annual deferral limit) is $15,500.

Note: If you are a Federal Employee Retirement System (FERS) employee, you may lose agency matching contributions if your contributions reach the maximum IRS limit before the last pay period in the calendar year. To evenly distribute the IRS maximum contribution over all 26 pay periods, elect to contribute $597 per pay period ($15,500 divided by 26).

• The TSP 50+ catch-up limit remains at $5,000.

Note: To participate, you must be age 50 or older during calendar year 2007 and must be able to self-certify that by the end of the calendar year you will have contributed the IRS annual deferral limit, $15,500, through regular contributions to TSP and/or to other plans subject to the elective deferral limit.

• You can begin contributing, change your contribution amount or percentage, or cancel TSP contributions at any time. Make your election using PostalEASE by 3:59 A.M. Central Time (CT) on the second Wednesday (day 12) of each pay period in order for the election to be effective in that pay period.

Who Can Participate

All career employees are eligible to contribute to TSP.

How to Enroll and Make Contributions Elections and Cancellations

To use the Employee Web - the easiest way to use PostalEASE - access the system in any of these ways:

• On the Internet at https://liteblue.usps.gov. Under "Employee Self Service," select PostalEASE.

• At an employee self-service kiosk.

• On the Intranet at http://blue.usps.gov. Under "Employee Resources," select Employee Self Service and then PostalEASE.

To use the telephone, call the Employee Service Line, toll-free at 1-877-477-3273.

If you have a medical condition that interferes or for another reason cannot successfully complete your transaction using PostalEASE, contact the Human Resources Shared Services Center (HRSSC) for assistance.

Please Post on All Bulletin Boards Through December 31, 2007.

How to Get Your USPS Personal Identification Number (PIN)

To use PostalEASE, enter your Employee ID (found at the top of your earnings statement) and USPS® PIN. If you don't know your USPS PIN, you can get it any one of these ways:

• Request it from an employee self-service kiosk. Just follow the instructions.

• On the Intranet at http://blue.usps.gov, under "Employee Resources," select Employee Self Service and then PostalEASE.

• Call PostalEASE, enter your Employee ID; when prompted to enter your PIN, simply pause and press 2. The system provides an option to have your USPS PIN mailed to your address of record the next business day.

How to Make Investment Allocations

To make TSP fund investment allocations, you must contact TSP directly, anytime, in any of these ways:

• Go to the TSP Web site at www.tsp.gov.

• Call the TSP ThriftLine toll-free at 1-877-968-3778 (TDD toll-free at 1-877-847-4385).

• Mail TSP-50, Investment Allocation, available from the HRSSC, to TSP (but the election will not take effect as quickly as by telephone or Internet).

How to Get Your TSP PIN

To contact TSP, you must know your TSP PIN, available only from TSP. If you don't know your TSP PIN, you can get it any one of these ways:

• Request it from www.tsp.gov, choosing Account Access.

• Call the TSP ThriftLine or TSP Service Office toll-free at 1-877-968-3778 (TDD toll-free at 1-877-847-4385) and follow instructions.

Details Are in the Mail

A letter and a TSP booklet are mailed to newly hired career employees soon after they are hired, and a letter with enrollment information is mailed to all career employees in mid-December. If you do not receive this mailing, contact the HRSSC.

Questions

Contact the HRSSC.

Please Post on All Bulletin Boards Through December 31, 2007.