Happy Holidays from APWU Pittsburgh Area Retiree Chapter

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…

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NARFE statement on Postal Service Task Force Report

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…

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USPS OIG Report: Treasury Inflation-Protected Securities

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…

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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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Social Security Announces 2.8 Percent Benefit Increase for 2019

Press Release Thursday, October 11, 2018 Social Security Announces 2.8 Percent Benefit Increase for 2019 Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced today. The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than…

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Delegates Slam Retirees at APWU Convention

Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU: In a stunning turn of events at the recent APWU Convention, the delegates voted in alarming numbers that retiree involvement in support by retirees for active members in opposing threats of privatization and other dangerous initiatives is not needed or wanted. This…

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