![]() Then, you won’t be eligible for getting the pension as you didn’t meet the 30-year credible service requirement. So, for example, let’s say that you are a 56-year-old and working for the USPS for the past 25 years. USPS Employee Pension Scheme Age Requirements Here’s a table showing the age limit for USPS pension – Age However, this MRA is determined by the year in which the employee is born.įor example, a postal worker born before 1948 qualifies for a pension at 55 whereas a person who is born after 1948 doesn’t qualify. The minimum retirement age is 55 years in order to be eligible for the pension that USPS offers. How long do you have to work for USPS to get a pension? So, your gross monthly pension after 30 years of service would be $2,200. Here’s a quick example: Let’s say you worked at the post office for 30 years and had an average high-three salary of $80,000. This method calculates an average of your highest-paid 36 months and multiplies it by 1.1 percent for every year you worked at the post office. There are a few ways to calculate your annuity, but the most common is what we just described. The annuity is calculated by multiplying the number of years you worked at the post office, times 1 to 1.1 percent of your average high-three salary, which is the three highest paid years of employment in your career. ![]() However, it’s not just based on your years at the post office it’s also based on your highest-paid years. This is from a combination of Social Security benefits and contributions made by the USPS. The FERS plan, which is also available to employees of all other federal agencies, pays USPS workers a pension in the form of an annuity. So, if you’re a postal worker and are wondering, “Can I get a pension at 55?” the answer is yes! Yes, as of 2022, USPS employees are eligible for a pension through the FERS system. ![]() Keep on reading to find out whether you, as a USPS employee, will get a pension upon retirement! If yes, how much does the USPS pension pay?.Īnd, if not, what other benefits can you expect to receive? Do USPS Employees Get A Pension In 2022? So, now that we know the difference between “career” and “non-career” USPS positions, let’s get to the answer.
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