02/19/2019 – On Feb. 14, Sen. Bernie Sanders (I-VT) introduced the “Expand Social Security Act,” legislation that would expand benefits and add almost 50 years of solvency to the program. Social Security, in its current form, is paying out more money to recipients than it takes in, and will no longer be able to pay…
United Postmasters and Managers of America supports H.R. 141, the Social Security Fairness Act for the 116th Congress. Many UPMA current and future retired members are impacted by the GPO and WEP provision in the current Social Security Act. This Legislation would eliminate 2 titles of the Social Security Act, the (GPO) and the Windfall…
2018 has come to an end and I look forward to a new and hopefully more productive year for the union. As far as the union issues it was not a very good year. The National Convention beat up on retirees. Only open support was from Nancy E. Olumekor Director Retiree Department, Sue Carney Director…
Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU:
At this time of the year when we count our blessings, we have so much to be thankful for. We have life, family and secure retirement thanks to our Post Office careers. On behalf of the members of our Retiree Chapter, we take this opportunity to pause and reflect on our good fortune and give…
Alexandria, Va. (December 6, 2018) – In response to a sustainability report released by the Task Force on the U.S. Postal System, NARFE National President Ken Thomas issued the following statement: “NARFE appreciates the opportunity to have worked with the Postal Service Task Force to discuss the issues facing this vital national agency. Notably, the…
Objective The Postal Service participates in three retirement plans: The Civil Service Retirement System (CSRS), the Federal Employees Retirement System (FERS), and the Postal Service Retiree Health Benefits (RHB). The first two are pension plans, and the third is set up to fund RHB premiums. The Office of Personnel Management (OPM) administers these programs, including…
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…
