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10-15-2009 10:07 PM ET (US)
 Newbie, there are 2 kinds of overtime.
There is FLSA (Fair Labor Standards Act) overtime, that applies to nearly everyone everywhere, and provides for overtime after 40 hours per week.

Then there is Postal overtime, negotiated by the unions, that applies to career postal employees who work over 8 hours in a day.

If you work 10 hours per day for four days, you will get 32 hours of straight time and 8 hours of (postal) overtime.

If my PMR (not a career employee) works 4 10- hour days, she gets 40 hours straight time.

Like others have mentioned, there is also penalty overtime. But let's leave that for another time.