Part-Time Postmasters – PTPMs – (RSC F) are eligible for the 1% increase. Those who have saved rate salary-protection will receive a lump-sum payment to be included their February 28, 2014 paychecks. This will apply to many PTPMs impacted by POStPlan. Those who do not have such salary protection should have received the 1% salary increase. However, this increase will not raise their hourly rates above the new maximum of $18.64 per hour. If the 1% increase would put a PTPM over the new maximum hourly rate, he will receive an increase to $18.64 per hour in Pay Period 04, and he will receive a lump sum payment in Pay Period 05 for the balance of the 1% total increase.