NARFE Legislative Hotline Message – May 19, 2017

Excerpt: Speak Out! Postal Reform Bill Approved by House Oversight Committee  NARFE strongly urges its members to contact their legislators and ask them to oppose the Postal Reform Act of 2017 in its current form. This bill forces current postal retirees onto Medicare in order to keep their federal health insurance coverage and sets a…

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APWU Pittsburgh Retiree Record – May 11, 2017 Edition

Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU: Excerpt – A number of retiree organizations, including NARFE, have come out in strong opposition to HR 756, arguing that if enacted the law will destroy the fabric of our health insurance as we know it, and may take the entire Federal…

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USPS reports second-quarter financial results

The Postal Service has reported its financial results for fiscal 2017’s second quarter (Jan. 1-March 31, 2017). Here are some highlights: • Controllable income. USPS posted controllable income of $12 million for the second quarter, below the $576 million it posted during the same quarter last year. Controllable income describes net income (or loss) that…

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OIG Report: Update for Measuring Pension and Retiree Health Benefits Liabilities

Background The U.S. Postal Service provides pension and health insurance benefits to its retirees. Postal Service employees participate in the Civil Service Retirement System (CSRS) or Federal Employees Retirement System (FERS) pension programs. The Office of Personnel Management (OPM) administers these programs, including projecting future CSRS and FERS assets and liabilities for the federal government…

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APWU: Miners Win Permanent Funding for Retirement Health Care

Web News Article #: 43-2017 05/05/2017 – On May 4, Congress passed legislation providing for 22,600 retired coal miners, widows and dependents to have the health care they were promised by the federal government and earned through going into the mines for decades to power the country. The members of the United Mine Workers of…

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