Retirement-related costs were 11.7 percent of operating expenses in FY 2023, a significant cost for the Postal Service. USPS has higher retirement liabilities than other agencies and must pay these costs through revenue rather than through congressional appropriations. The Postal Service has no control over levers that might decrease costs or generate higher fund balances….
January 8, 2024 Postal Service employees will have 26 paydays this year. The calendar that accompanies this article shows the paycheck dates. Every month will have two paydays, except for March and August, which will have three each. The 2024 federal holidays that USPS observes are also shown: New Year’s Day (Monday, Jan. 1), Birthday…
January 8, 2024 The Postal Service has a lot planned in 2024. Here’s what’s on tap: • New stamps. USPS has announced plans for almost 30 stamp releases, beginning with this year’s Love stamp, which will debut Friday, Jan. 12. • Community activities. The Combined Federal Campaign will conclude Monday, Jan. 15, while the Stamp Out Hunger food drive…
