Article
One of the most desirable features of a career Postal job is the generous benefits package described below:
COMPENSATION: Starting wages for each entry-level position are given in the posting for that particular job. Be assured, however, that the beginning wages are generous and that the potential for growth is almost limitless. Plus, most Postal employees receive regular salary increases, overtime pay, night shift differential, and Sunday premium pay.
HEALTH INSURANCE: Career employees are offered excellent health insurance coverage with most of the cost paid by the Postal Service.
RETIREMENT: Career employees have access to the federal retirement program which provides a defined benefit annuity at normal retirement age as well as disability coverage.
THRIFT SAVINGS PLAN: In addition, career employees can choose to make tax deferred contributions to a Thrift Savings Plan (similar to 401k retirement plans). Employees may be eligible for matching contributions from the Postal Service, subject to certain limitations.
SOCIAL SECURITY & MEDICARE: Newly hired employees are covered by Social Security and Medicare.
LIFE INSURANCE: Basic life insurance coverage is provided free of charge. Employees have the option to purchase additional coverage.
FLEXIBLE SPENDING ACCOUNTS: Career employees are eligible to participate in a Flexible Spending Account (FSA) program after one year of service. Tax-free FSA contributions can be used to cover many out-of-pocket health care and dependent care expenses.
LEAVE: A generous vacation and sick leave program is available to career employees. Depending upon the employee’s length of service, vacation leave can range from 13 to 26 days per year. Fulltime employees earn 13 days of sick leave per year.
HOLIDAYS: In addition to vacation and sick leave, employees are granted 10 days of holiday leave per year on holidays observed by the federal government.