Other USPS VER information circulated on Benefits and Leave Provisions:

Postal Pay Charts and COLA Information

USL 624 hrs. 3 months - 18 days (**see chart below for better understanding of how it works)

30 years - 8 months

Table of Converting Unused Sick Leave Into Additional Service The chart below is from a USPS Retirement seminar.

Annuity Computations The amount of the annuity benefit is based upon: • High 3-years average salary, and • Length of creditable service ** Leave Without Pay (LWOP) is fully creditable for retirement purposes for up to six months per calendar year.   CSRS General Formula (Basic Annual Benefit): 1.50% X "High-3" X 5 years + 1.75% X "High-3" X 5 years + 2.00% X "High-3" X # of years and months of service over 10 = Basic Annuity Shortcut Formula: (Years of service - 2) X 2 = Basic Annuity expressed as % of High-3 Example: 28 years of service: (28 - 2) X 2 = 52% of High-3 Law Enforcement/Firefighter Calculation LE/FF Formula (Basic Annual Benefit): 2.50% X "High-3" X 20 years + 2.00% X "High-3" X # of years and months of service over 20 = Basic Annuity

Annuity Commencing Dates CSRS Annuity Commencing Date - Voluntary Retirements Optional (Voluntary) retirements commence on the first of the month following the month of separation or on the day following the last day of pay if you retire on the 1st, 2nd or 3rd day of the month. This means that the annuity commences on the 1st, 2nd, 3rd or 4th day of the month. Thus, you should plan your retirement for the last day of the month (or near the last day) or for the 1st, 2nd or 3rd of a month to avoid a gap in pay. (Voluntary Retirements) Retire Annuity Commences The Check Date May 31 June 1  July 1 June 1 June 2 July 1 June 2 June 3  July 1 June 3 June 4 July 1 June 4 July 1 August 1 Disability and Discontinued Service Retirements Disability retirements and Discontinued Service (Involuntary) retirements commence the earlier of the day after separation or the day after last day of pay, and all eligibility requirements have been met.