Usps New Contract Back Pay Nalc

59 views

The United States Postal Service (USPS) and the National Association of Letter Carriers (NALC) recently reached a new contract agreement that includes back pay for eligible employees. This news has been welcomed by the many workers who have been eagerly waiting for their owed compensation.

The new contract, which covers a period from 2019 to 2023, includes a 2.5% pay increase each year for letter carriers. It also includes a $1,000 lump sum payment for eligible employees. The lump sum payment is set to be paid within 45 days of the contract being ratified by the NALC membership.

The back pay owed to eligible employees covers the period from November 24, 2018, to April 10, 2021. This includes the time period before the new contract was agreed upon. Employees who were hired before the contract term began on November 24, 2018, are eligible for the back pay.

The back pay will be calculated based on the employee`s hourly rate multiplied by the number of hours worked during the time period. It will also include any applicable overtime or penalty pay. The payment will be made in a lump sum, and employees can expect to receive it within a reasonable timeframe.

The new contract also includes other beneficial changes for letter carriers, such as improved job security and an increase in the employer contribution to health care benefits. Overall, it is a positive step forward for the NALC and its members.

In conclusion, the new contract between the USPS and NALC is a much-needed win for letter carriers. The back pay owed to eligible employees is a significant amount, and it is encouraging to see the USPS fulfilling its obligations. With improved job security and other positive changes included in the new contract, letter carriers can look forward to a brighter future.

Fashion Desk

Fashion Desk is the official writing team behind the renowned Fashion Daily Magazine, a leading authority in the world of fashion. Composed of a collective of passionate fashion journalists, trend analysts, and style editors, Fashion Desk provides insightful, up-to-the-minute coverage of the latest trends, fashion news, designer showcases, and style inspirations.

Previous Story

Installment Land Contract Real Estate Definition

Next Story

What Happens If an Employee Refuses to Sign a Contract