USPS OIG: Postal Service Retiree Funds Investment Strategies

The U.S. Postal Service participates in three retirement plans: the Civil Service Retirement System (CSRS), the Federal Employee Retirement System (FERS), and the Postal Service Retiree Health Benefits Fund (PSRHBF). The first two are pension plans, and the third is set up to prefund and provide retiree health benefits. These plans are restricted to government…

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OIG Report – Employee Benefits, Withholdings, Contributions, and Headcount Reporting to OPM

BACKGROUND At the request of the U.S. Office of Personnel Management (OPM) Office of Inspector General (OIG), we performed procedures agreed upon by the OPM’s Inspector General and the Chief Financial Officer. This attestation engagement is an annual requirement of the U.S. Office of Management and Budget. Our objectives were to assist OPM in assessing…

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APWU Pittsburgh Retiree Record – September 12, 2017 Edition

Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU: Excerpt: The Chapter and the Local had jointly sent instructions to our members and others about the assembly area and the line of march. Those instructions were the result of the Parade Committee’s determination, at our request, that all the Post Office…

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USPS: News for service members

USPS has released the latest issue of Mail Call, a quarterly newsletter for employees who served in the military. The issue features stories about veterans and career and retirement information, along with a list of veterans’ coordinators for each Postal Service district. Source: USPS News Link  

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APWU: 2017 Peak Season Exception Period MOU Reached

Web News Article #: 80-2017 08/25/2017 – The APWU and the USPS recently signed a Memorandum of Understanding (MOU), RE: Peak Season Exception Periods – 2017 Date Changes, modifying the Peak Season (Holiday Season) Exception period for 2017 to “ensure adequate coverage” and “accommodate customer service.” Peak Season Dates The start of the Peak Season…

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APWU: Early Registration for All Craft Conference & Retirees Conference Extended to Sept. 8

Web News Article #: 77-2017 08/18/2017 – Early registration for the All Craft Conference and the Retirees Conference has been extended until September 8, 2017. The cost is $85 for the All Craft Conference and $40 for the Retirees Conference. After September 8, 2017, the cost for the All Craft Conference is $135 and $45…

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