Workplace issues

Retirement

Dan Toth

Dan Toth

Director of Retired Members

Dan Toth was elected NALC director of retired members in 2018 through an election conducted by mail. Full bio

NALC’s Retirement Department serves the members, active and retired, with advice and assistance regarding pre-retirement and post-retirement issues. These issues primarily involve the Office of Personnel Management (OPM) and its administration of the Civil Service Retirement System (CSRS) and the Federal Employees’ Retirement System (FERS). But the issues also at times intersect with other agencies and programs, including the Thrift Savings Plan (TSP), Medicare, Social Security, Federal Employees’ Group Life Insurance (FEGLI) and Federal Employees’ Health Benefits (FEHB).

Designation of beneficiary forms available here 

If you want to ensure your beneficiary designation(s) for FEGLI, TSP or retirement death benefits are current because your spouse died, your beneficiary’s address changed or for any other reason or combination of reasons, mail a new Designation of Beneficiary form to the appropriate address provided on each form. The OPM recommends simply updating your beneficiary designation(s), rather than requesting a copy from your file.

July 13

Contract COLA: Accumulated COLA is $1,726 through June 2021

The projected accumulation toward the fourth regular COLA under the 2019-2023 National Agreement stood at $1,726 annually in July following the release of the June 2021 Consumer Price Index.

On July 13, 2021 the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 793.560 in June, 48.184 points above the base level of 745.376 in July 2019. The accumulated COLA through June stood at 83 cents per hour or $1,726 annually.

The fourth COLA will be based on the increase in the CPI-W between the base index month and July 2021, less any previously calculated COLAs, and will be payable the second full pay period following the release of the July 2021 index. The three COLAs that have been calculated under the 2019-2023 National Agreement, totaling 37 cents per hour, are as follows: 1st COLA, 8 cents per hour ($166 annually), 2nd COLA, 9 cents per hour ($188 annually), and the 3rd COLA, 20 cents per hour ($416 annually). The first three COLAs will be paid retroactively to their contractual effective dates.

2022 Retiree COLAs Projection: 5.1% as of June 2021

The 2022 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2020 (253.412) and the 3rd quarter of 2021 (TBA).

Based on the June 2021 CPI-W (1982-84) of 266.412 the 2022 CSRS and FERS COLAs are currently projected to be 5.1%. The 2022 retiree COLA calculation will be finalized in October 2021 with the release of the CPI-W for September 2021.

CSRS annuities receive full COLAs; COLAs for FERS annuities are payable for retirees 62 and older and may be reduced by up to one percentage point from the increase in the CPI.

2022 FECA COLA Projection: 4.9% as of June 2021

Based on the release of the June 2021 CPI-W (1982-84=100), the 2022 FECA COLA projection is 4.9%. The June 2021 CPI-W of 266.412 was 4.9% above the December 2020 base index (254.081). The 2022 FECA COLA calculation will be finalized when the December 2021 CPI-W is published during the month of January 2022.

FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.

General contact information

The NALC Retirement Department can be reached by calling 800-424-5186 (toll free) Monday, Wednesday or Thursday, 10 a.m. to Noon or 2 p.m. to 4 p.m. (Eastern time), or by calling the NALC Headquarters switchboard at 202-393-4695 Monday through Friday, 9 a.m. to 4:30 p.m. (Eastern time) and asking for the Retirement Department.

COLCPE - Annuity formThe USPS HR Shared Service Center (HRSSC) can be reached by current employees who are planning or applying for retirement by calling 877-477-3273, option 5.

The Office of Personnel Management (OPM) acts as the personnel office for retired letter carriers, and is the agency responsible for administering retirement, health and life insurance benefits. Before you call or write to OPM, be sure to have your Civil Service Annuity (CSA) number ready. OPM can be reached by retirees who have a CSA number by calling 888-767-6738 or 724-794-2005, 7:40 a.m. to 5 p.m. Monday through Friday (Eastern time), or 202-606-0500 in the Washington, DC, area. Mail your written inquiries to Office of Personnel Management, Retirement Operations Center, Boyers, PA 16017 (unless OPM has specified a different address for a specific action such as health benefits open season).

More information:

Additional information

Click on the “plus” symbol next to each topic below to see more information:

Are you planning to retire?

While the Office of Personnel Management (OPM) makes all decisions regarding retirement entitlement, current employees are required to apply for retirement through the USPS Human Resources Shared Services (HRSSC). Learn more...

Don’t forget to act to maintain your NALC membership when you retire to continue to receive the many benefits of membership. Learn more...

Retirees are an essential part of NALC’s political and legislative advocacy efforts. Learn more...

Click here for other useful documents and resources.

Are you already retired?

While employees who are planning or applying for retirement are required to process through the Postal Service Human Resources Shared Service Center (HRSSC), once retired, that changes. After the effective date of retirement, issues regarding retirement matters must be directed to the Office of Personnel Management (OPM). Learn more...

Don’t forget to act to maintain your NALC membership when you retire to continue to receive the many benefits of membership. Learn more...

Retirees are an essential part of NALC’s political and legislative advocacy efforts. Learn more...

Click here for other useful documents and resources.

Are you a branch or state director of retirees?

The OPM maintains a listserv that provides up-to-date information about retirement benefits. Click here to join or access the listserv.

Were you a casual prior to Jan. 1, 1989?

Other useful publications and resources

Click here for documents and links to websites about relevant topics, including questions and answers on the Civil Service Retirement System, questions and answers on the Federal Employees’ Retirement System, a survivor’s guide to CSRS, FERS, and Social Security, preparing for retirement, what to do when a retired or active letter carrier dies, OPM and federal employee benefit resources on the Web, information on NALC’s retirement community (Nalcrest) and more.