http://www.apwu.org/news/burrus/2007/update02-2007-012607-chart.pdfThe link above gives a detail history of the increases in pay at the END of the contract at Level 5, Step O. During the contract at designated intervals the pay the clerk would receive was increased. Cost of Living increases are negotiated in the contract. I haven’t been able to locate a chart listing the Cola including those years when Cola was capped
. Federal compensation is based on the rate of pay at the time of injury.
The Compensation with one dependent is 75%:
Compensation with no dependents is 2/3 of former pay. To compute approximate compensation the PAY can be divided by 3 and then multiplied by 2. Dis Retirement is the same for all.
The figures used in this blog for federal compensation are based on 75% at top pay at the end of the APWU contract.
For Disability Retirement the guaranteed minimum is the lesser of 40 percent of the “high-3 average salary”, or the regular annuity obtained after increasing the time between retirement and a 60th birthday.
A Postal clerk’s PAY Fed. Comp. Dis. Retire.
1969 8442. $6,331. $3376.
1970 $9657. $7,242. $3619.
1971-1973 $11,073. $8304. $3889.
1973-1975 $13,483. $10,112. $4561.
1975-1978 $16,501. $12,375 $5474.
1978 -1981 $21630. $16,222. $6881.
1981 -1984 $24,173 $18,129. $8307.
1984 -1987 $27,401. $20,550. $9760.
1987 -1990 $31,766. $23,824. $11,112.
1990 -1994 $35,604. $26,703. $12,636.
1994 -19 98 $37,831. $28,373. $14,026.
1998 -2000 $40,472.$30,354. $15,187.
2000 – 2003 $43,099.$32,324. $16,186.
2003 – 2005 $45,997. $34,497. $17,275.
2005-2006 $47,996. $35,997. $18,278.
2006-2010 $52,442. $39,331. $19,524.
Looking over the chart using postal clerks’ yearly income a close approximation of Federal Compensation and Disability Retirement can be made.
Given the ages of the 2000 postal employees that Senator Collins has targeted for a 60% reduction in their income it seems fair to ask if she were injured at work so that there was no real chance of being employed in the future would she consider reasonable to have her income cut by 60% when she reached 65 or would she consider a 25% reduction in pay was more in keeping with providing compensation in a fair manner.
Salary Pay for House Members for January 2009, 2010,2011 is $174,000.
Federal Compensation with one dependent =$130,500.yr.
Disability Retirement= $69,600.yr.
In any case her income would be more than a postal clerk at level 5 step O would earn in 2010.
Compensation Cat just wants to know what Senator Collins would do.
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