Thrift Savings Plan

The Postal Service wants employees to know that the Internal Revenue Service (IRS) has made changes to the Thrift Savings Plan (TSP) contribution limits for 2022.

Employees can now contribute up to $20,500 to their TSP, starting Jan. 1. The previous limit was $19,500.

Additionally, employees age 50 and older can also use the TSP catch-up option to contribute an additional $6,500, for a total of $27,000 in contributions.

Employees under the Federal Employees Retirement System (FERS) who contribute 5 percent of their basic pay to the TSP each pay period are reminded that the Postal Service will contribute an additional 4 percent of your basic pay to your TSP account in addition to an automatic 1 percent contribution.

TSP participants who have not maxed out their contributions are encouraged to consider increasing their contribution amounts to better reach their retirement savings goals.

Employees who want to make changes to their TSP contributions should access PostalEase on LiteBlue.

In remembrance

President Joe Biden has ordered U.S. flags flown at half-staff to honor Harry Reid, the former U.S. senator from Nevada who died late last month.

Flags should be flown at half-staff on Thursday, Jan. 13, the day of interment, until sunset.

To fly the flag at half-staff, hoist the flag to the peak for an instant and then lower it to the half-staff position. The flag should be raised to the peak again before it’s lowered for the day.

The USPS Administrative Support Manual has additional guidelines on U.S. flag display and maintenance.

Martin Luther King Jr. Day

Martin Luther King Jr. Day, a federal holiday that commemorates the civil rights leader’s birth, will be observed Monday, Jan. 17.

King was born on Jan. 15, 1929, to a family of preachers. He helped organize the 1963 March on Washington, where he delivered his landmark I Have a Dream speech.

He also helped pave the way for enactment of the Civil Rights Act of 1964 and the Voting Rights Act of 1965.

In 1964, at the age of 35, he became the youngest person to receive the Nobel Peace Prize up to that point.

Four years later, he was assassinated in Memphis, TN, at the age of 39.

The first nationwide observance of Martin Luther King Jr. Day was in 1986. In 1994, Congress passed a law dedicating the day to volunteer service in King’s honor.

USPS has issued several stamps to honor King and his work, including a 1979 Black Heritage stamp and a 2013 release that marked the March on Washington’s 50th anniversary.

The Martin Luther King Jr. Research and Education Institute’s website has more information about King’s life, work and the history of the holiday in his honor.

News Briefs

Scanning snapshot

A snapshot of Postal Service scanning data shows the national rating was 96.52 percent during the week ending Jan. 7, down 0.38 percent from one week earlier.

The data was collected Jan. 12.

Central led the four areas with a rating of 96.84 percent, while Atlantic ranked last with a 96.32 percent rating.

Among the 50 districts, Pennsylvania 1, part of Atlantic Area, ranked first with a 97.59 percent rating, while Puerto Rico, part of Southern Area, ranked last with a 92.28 percent rating.

Scanning data allows customers to track their mail and packages, which helps USPS deliver excellent service, boost loyalty and drive revenue.

To see the latest data, go to the Informed Visibility website and select “Customer Experience,” followed by “DES 2 Scan Performance.” Postal Service employees must request Informed Visibility access through eAccess.

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