The USPS overpays. I have said that many times, I stand by that. They aren't doing brain surgery. They aren't risking their lives. They read number codes, they sort out where things go and then they go for a walk or a ride. Some of them wait on a line of customers and make change. For these incredibly undemanding tasks, they receive the following :
"In addition to highly competitive basic pay rates, most Postal Service employees also receive regular salary increases, overtime pay, night shift differential, and Sunday premium pay. Overtime is paid at one and one-half times the applicable hourly rate for work in excess of 8 hours per day, or 40 hours within a workweek. Night shift differential is paid at a specified dollar rate for all hours worked between 6pm and 6am. Sunday premium is paid at 25 percent for work scheduled on Sunday.
Health Insurance : The Postal Service participates in the Federal Employees Health Benefits (FEHB) Program, which provides excellent coverage and flexibility with most of the cost paid by the Postal Service. There are many plans available, including both traditional insurance coverage and Health Maintenance Organizations (HMOs). Employee premium contributions are not subject to most taxes, making health insurance even more affordable.
Retirement: The Postal Service participates in the federal retirement program, which provides a defined benefit annuity at normal retirement age as well as disability coverage.
Thrift Savings Plan: 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. Employees contribute to TSP on a tax-deferred basis, and may receive automatic and matching contributions (up to 5 percent of pay), from the Postal Service.
Social Security and Medicare: Newly hired postal employees are covered under Social Security and Medicare.
Life Insurance: The Postal Service offers coverage through the Federal Employees' Group Life Insurance (FEGLI) Program. The cost of basic coverage is fully paid by the Postal Service, with the option to purchase additional coverage through payroll deduction.
Flexible Spending AccountsCareer employees may participate in the Flexible Spending Accounts (FSA) Program after one year of service. Tax-free FSA contributions can be used to cover most out-of-pocket health care and dependent care (day care) expenses.
Leave: The Postal Service offers a generous leave program to career employees that includes annual (vacation) leave and sick leave. For the first 5 years of service, full-time employees earn 10 days of annual leave per year, increasing to 15 days per year after 5 years of service, and to 20 days per year after 15 years of service. In addition, full- time employees earn 3 hours per pay period as insurance against loss of income due to illness or accident.
Holidays: The Postal Service observes 10 holidays each year.
Full-Time Regular - Level 4
|
||||
Step
|
Yearly
|
Hourly
|
BiWeekly
|
Overtime
|
AA
|
32,973
|
15.85
|
1,268
|
23.78
|
A
|
37,347
|
17.96
|
1,436
|
26.94
|
B
|
42,845
|
20.60
|
1,647
|
30.90
|
C
|
45,446
|
21.85
|
1,747
|
32.78
|
D
|
49,271
|
23.69
|
1,895
|
35.54
|
E
|
49,577
|
23.84
|
1,906
|
35.76
|
F
|
49,893
|
23.99
|
1,918
|
35.99
|
G
|
50,197
|
24.13
|
1,930
|
36.20
|
H
|
50,511
|
24.28
|
1,942
|
36.42
|
I
|
50,819
|
24.43
|
1,954
|
36.65
|
J
|
51,136
|
24.58
|
1,966
|
36.87
|
K
|
51,441
|
24.73
|
1,978
|
37.10
|
L
|
51,754
|
24.88
|
1,990
|
37.32
|
M
|
52,063
|
25.03
|
2,002
|
37.55
|
N
|
52,373
|
25.18
|
2,014
|
37.77
|
O
|
52,681
|
25.33
|
2,026
|
38.00
|
P
|
52,994
|
25.48
|
2,038
|
38.22
|
Full-Time Regular - Level 5
|
||||
Step
|
Yearly
|
Hourly
|
BiWeekly
|
Overtime
|
AA
|
34,519
|
16.60
|
1,327
|
24.90
|
A
|
38,895
|
18.70
|
1,495
|
28.05
|
B
|
44,769
|
21.52
|
1,721
|
32.28
|
C
|
47,440
|
22.81
|
1,824
|
34.22
|
D
|
50,023
|
24.05
|
1,923
|
36.08
|
E
|
50,357
|
24.21
|
1,936
|
36.32
|
F
|
50,696
|
24.37
|
1,949
|
36.56
|
G
|
51,021
|
24.53
|
1,962
|
36.80
|
H
|
51,358
|
24.69
|
1,975
|
37.04
|
I
|
51,696
|
24.85
|
1,988
|
37.28
|
J
|
52,028
|
25.01
|
2,001
|
37.52
|
K
|
52,359
|
25.17
|
2,013
|
37.76
|
L
|
52,690
|
25.33
|
2,026
|
38.00
|
M
|
53,029
|
25.49
|
2,039
|
38.24
|
N
|
53,364
|
25.66
|
2,052
|
38.49
|
O
|
53,693
|
25.81
|
2,065
|
38.72
|
P
|
54,027
|
25.97
|
2,077
|
38.96
|
Executive & Administrative Pay
POSTAL SERVICE
EXECUTIVE & ADMINISTRATIVE STEP SCHEDULE (EAS) |
|||
EAS GRADE
|
MIN/MAX
|
EAS GRADE
|
MIN/MAX
|
1
|
$20,874 / 27,312
|
15
|
$37,120 / 56,688
|
2
|
21,559 / 28,208
|
16
|
38,437 / 63,398
|
3
|
22,269 / 29/236
|
17
|
40,142 / 66,209
|
4
|
23,167 / 30,311
|
18
|
41,905 / 69,117
|
5
|
23,939 / 31,321
|
19
|
43,891 / 72,393
|
6
|
24,802 / 32,450
|
20
|
46,272 / 76,320
|
7
|
25,818 / 33,780
|
21
|
48,520 / 80,027
|
8
|
26,853 / 35,134
|
22
|
51,405 / 86,733
|
9
|
27,902 / 36,505
|
23
|
54,207 / 91,460
|
10
|
28,931 / 37,853
|
24
|
56,889 / 95,986
|
11
|
30,492 / 46,566
|
25
|
59,719 / 100,760
|
12
|
31,955 / 48,802
|
26
|
62,698 / 105,786
|
13
|
33,446 / 51,078
|
||
14
|
35,192 / 53,746
|
||
Holy crap! And on top of that, they get even more vacation! There are ten days that the USPS isn't open, and then we pay them to take several weeks off as well. I feel like a fool for working for a living. The next time I see that stupid commercial of theirs whining about having to prepay their retirement, my eyes may roll out of my head.
If the Government were serious about tightening our belts, they could start with the compensation package that these guys are getting to sort papers and go for a walk. When I am trying to save money-I cut everything.
I don't decide that not getting the more expensive cable package is a "cut" and consider that as part of a smaller budget. I get rid of cable all together. That's a budget cut. And when it comes to the sequestering cuts that everyone agreed to- to quote a great American Hero- "let's roll." Think about it, you'll thank me later.
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