Postal retirement

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Q. I have been reading a great deal about how federal employees benefits and retirements will probably change through legislation to cut spending. Such changes may include changes to COLA calculations, averaging the high-5 and not the high-3, etc. Since the Postal Service is paid for through postal products, not tax dollars, will it be affected differently than the rest of the government?

A. Only time and future legislation will give us an answer to that question. However, you need to remember that no matter where your funding comes from, most of your benefits are the ones found in Title 5 U.S.Code, which, with rare exception, applies to all employees of the federal government.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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