Should USPS’s Retirement Funds Be Invested in a More Broadly Diversified Portfolio?

Project Title: Foreign Posts’ Retirement Asset Investments Start Date: Monday, September 10, 2018 Estimated Report Release Date: March 2019 Employees of the Postal Service participate in two government-wide pension plans administered by the U.S. Office of Personnel Management (OPM): the Civil Service Retirement System and Federal Employee Retirement System. The assets of these plans are…

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PRC Chairman’s Statement on USA’s withdrawal from Universal Postal Union

Washington, DC – October 17, 2018. Earlier today, a statement was issued by the White House Press Secretary regarding President Trump’s receipt of a State Department report pursuant to an August 23rd Presidential Memorandum (https://www.whitehouse.gov/briefings-statements/statement-press-secretary-38/). In light of this, Postal Regulatory Commission Chairman Taub reiterates his previously issued statement of August 23rd. “The anticompetitive nature…

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White House Trade Council: Trump postal treaty exit will ease strain on US shippers

Published on Oct 17, 2018 Peter Navarro, director of the White House Trade Council, says President Trump’s decision to exit the Universal Postal Union will benefit American manufacturers, shippers and workers.

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Massachusetts Man Pleads Guilty to Sending Threatening Letters, Some With Suspicious White Powder

Daniel Frisiello, 25, pleaded guilty to 13 counts of mailing a threat to injure the person of another and six counts of false information and hoaxes. U.S. District Court Judge Nathaniel M. Gorton scheduled sentencing for Jan. 16, 2019. Frisiello was arrested and charged on March 1, 2018, and has been in home detention since….

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APWU UPDATE: Significant Payroll Issue Identified

10/18/2018 – The previously announced payroll issue caused by a faulty computer program and affected 88,782 APWU represented bargaining unit employees in the Clerk, Maintenance, Motor Vehicle Service and Support Services crafts. The Postal Service has informed the APWU that management will begin to do manual pay adjustments beginning October 18, 2018, starting with the…

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USPS OIG Report: Informed Visibility Vulnerability Assessment

Objective Our objective was to evaluate the Informed Visibility (IV) system’s externally-facing and supporting servers and databases to determine whether they comply with U.S. Postal Service security control requirements and industry best practices; and whether they pose a risk to the confidentiality, integrity, and availability of the system. The security-related information in this report reflects…

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USPS OIG Report: Operational Window Change Savings

Objective The objective of our audit was to determine if the Postal Service achieved its projected savings for the Operational Window Change (OWC). On January 5, 2015, the Postal Service revised its First-Class Mail (FCM) service standards, eliminating single-piece overnight FCM service and shifting some mail from a 2-day to a 3-day service standard. These…

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Universal Postal Union Statement on USA’s withdrawal from UPU treaties

17.10.2018 -The United States of America has informed the Universal Postal Union (UPU) of its decision to withdraw from the treaties of the UPU. In a letter received on 17 October, the USA will withdraw membership to the Union a year from now. UPU Director General Bishar A. Hussein regrets the decision and will seek…

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