Quick Answer: Does USPS Have Good Health Insurance?

Is Post Office a good job?

The Postal Service has been a bastion of solid middle class jobs with good benefits.

According to government data, the average annual pay of the 315,000 letter carriers at the postal service is $51,390.

The second most common job, the 140,000 mail sorters, get paid an average of $48,380..

How many years do you have to work for the post office to retire?

30 yearsA federal or postal worker is currently eligible to retire if they meet one of the following seven criteria: 1.) They are covered by FERS, are at least 56 years old (the minimum retirement age for FERS) and have at least 30 years of service.

How much is USPS health insurance?

2018 RatesType of EnrollmentEnrollment CodePostal PremiumHigh Option Self Only321$72.42High Option Self Plus One323$173.42High Option Self and Family322$157.36CDHP Self Only324$48.747 more rows

What is the starting pay for the USPS?

USPS Starting Pay According to the APWU, the starting pay for a postal worker is: Annual Postal Worker Starting Salary – $30,000, which translates to $15.00 per hour.

Is the post office test hard?

The 1st part of the 473 exam is fairly easy but is timed so you need to work quick and be accurate. The memory part is generally considered the hardest for most people unless you have a photographic memory.

Is the post office a stressful job?

It can be very stressful and working for the USPS is not recommended for someone who has problems handling stress. The following is based on my experience. USPS is structured like the military, with a rigid hierarchy, but it is staffed by civilians – and nepotism is alive and well.

Are US postal workers federal employees?

The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states.

Does USPS have good benefits?

Postal career employees enjoy excellent benefits, including annual and sick leave that can be accumulated, the opportunity to donate leave, basic life insurance paid for by the Postal Service with additional options at the employee’s cost, pretax health benefits with most of the cost paid by the Postal Service, pretax …

How do I sign up for health insurance with USPS?

To enroll or change coverage in FEHB, USPSHBP or FSAs, go to PostalEASE or call 877-477-3273 (select option 1). Some facilities also offer self-service kiosks that allow you to change your coverage. Use the Benefeds site to enroll or make changes to your FEDVIP coverage and the FSA Feds site to enroll in FSAs.

What is the highest paying job at the post office?

Highest Paying Postal JobsPostmaster General. … President and Chief Marketing and Sales Officer. … Chief Operating Officer and Executive Vice President. … Chief Financial Officer and Executive Vice President. … Chief Human Resources Officer and Executive Vice President. … Chief Information Officer and Executive Vice President.More items…•

What is the best job at USPS?

“Rural Carrier is the best job in the post office” – Postal Employees – Federal Soup.

Do USPS workers get pensions?

The Postal Service participates in the federal retirement program, which provides a defined benefit (pension), as well as disability coverage. … 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.

Does USPS get paid weekly?

For the convenience of timekeepers, each biweekly pay period appears as two separate weeks, with the beginning and ending dates indicated for each week. The leave year always begins the first day of the first full pay period in the calendar year.

Is it worth being a mail carrier?

They can make up to almost $60,000 a year. While being a mail carrier doesn’t lead to great wealth, it is a job that pays a living wage. According to recent estimates on the job site Indeed, the average wage of a carrier in the U.S. is $17.36 an hour.

How much does USPS pay per hour?

Average Hourly Rate for U.S. Postal Service (USPS) Employees U.S. Postal Service (USPS) pays its employees an average of $18.09 an hour. Hourly pay at U.S. Postal Service (USPS) ranges from an average of $15.12 to $25.41 an hour.

Why is the USPS going broke?

The U.S. Postal Service’s (USPS) financial condition continues to deteriorate as a result of trends including:Declining mail volume : First-Class Mail—USPS’s most profitable product—continues to decline in volume as communications and payments migrate to electronic alternatives.

Can retired postal workers collect Social Security?

Any postal worker hired after 1984 takes USPS retirement under the Federal Employment Retirement System (FERS). FERS pays less than CSRS, but postal workers are eligible for Social Security and Thrift Savings Plan (TSP) payments. Postal workers pay into FERS and Social Security each pay period.

What are the requirements to work for USPS?

You must be a U.S. citizen, permanent resident, or a citizen of American Samoa or another U.S. territory. You must have recent employment history—this can’t be your first job—and have a safe driving record if you’re applying for a carrier position.