To be eligible for retirement annuities, a federal worker must have at least 5 years of creditable civilian service and 20 years of service. How Many Years Do You Have to Work for the Post Office to Retire? A postal worker who retired in 2020 with 25 years of service would make a monthly basic annuity between $1,308-$1,335. The amount of money a postal worker makes in retirement depends on their age and how long they worked as a postal worker or government employee.

The federal retirement program provides pension payments and disability coverage to eligible individuals. How Much Does a Postal Service Worker Make in Retirement? Workers who decided to stay in CSRS after 1983 are not eligible to collect Social Security benefits.įor workers who didn't stay in CSRS and started paying Social Security taxes after 1983, their CSRS pensions could impact the Social Security benefits they're eligible for if they had less than 30 years of substantial earnings under Social Security.Ĭurrent postal workers and those hired after 1983 pay into the Federal Employees Retirement System (FERS) and are eligible for Social Security benefits. Instead, these workers paid into the Civil Service Retirement System (CSRS), a different benefits program. Which Workers Are Eligible?įederal government workers, including postal workers, who were hired before 1983 didn't pay social security taxes. Some postal workers are eligible for Social Security while others may not be eligible at all. But do postal workers get Social Security? Postal workers are considered federal employees, and whether federal workers can collect Social Security benefits depends on when they worked for the government. Many older adults rely on these benefits to help cover their living expenses and everyday costs after they retire because they no longer have a steady paycheck coming in.

Once they reach a certain age, individuals can collect Social Security benefits. workers pay into throughout the course of their lifetimes.

Us post office