USPS Retiree Quarterly Newsletter – Winter 2020
In this issue: TSP Withdrawal Changes Carbon Monoxide Poisoning Frequently Asked Questions Wellness Corner Fraud Against Seniors Postal News Source: KeepingPosted – Information for USPS Retirees
Category: Retiree Business
APWU Pittsburgh Retiree Record – WHERE WERE YOU 50 YEARS AGO IN MARCH?
Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU Excerpt: To my dying day I will never forget where I was. I was the Business Agent for the National Postal Union Local in Western Pennsylvania, or NPU. (Many that read this may have no idea what that Union was. We were…
USPS OIG Report: Options to Reduce Unfunded Retirement Liabilities
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 the Postal Service’s share of RHB premiums. The U.S. Office of Personnel…
APWU Pittsburgh Retiree Record – March 6, 2020 (Belated Holiday Edition)
Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU Excerpt: OUR CHAPTER WISHES YOU A BELATED HOLIDAY GREETING There has been a lot of speculation about the reason for the failure of the Chapter to send our usual holiday newsletter, which can be seen on the reverse. That page is typically…
Article 6 Resolution for APWU 2020 National Convention
Via Bobby Donelson, President SWCAL Retiree Chapter: Attached is the Southwest Coastal Area Local Retiree Chapter Article 6 resolution on the APWU National Form. ARTICLE 6 REPRESENTATION WHEREAS, as the mothers and fathers of the American Postal Workers Union, retired members are a storehouse of knowledge, battle-tested experience, and wisdom to be utilized as a…
USPS: Vets can add military service to retirement
Military veterans employed by the Postal Service, or any other federal agency, may be eligible to have their time in the military credited toward their civilian retirement through the Military Buy Back program. Veterans who served on active duty and received an honorable discharge are permitted to request a “buy back” of their time in…
CBO Projects USPS Will Continue Defaulting on Retiree Health Fund Payments
By Ian Smith – February 4, 2020 The Congressional Budget Office predicts that the Postal Service will continue defaulting on mandatory payments to the Postal Service Retiree Health Benefits Fund for the next decade. CBO said in a recent report that it expects the Postal Service to continue defaulting on the payments for the next…
Forming APWU State Retirees Chapters
Via Bobby Donelson, Southwest Coastal Area Local Retiree Chapter President: I would like to encourage the APWU National Executive Board to reverse it’s decision to require that an APWU Retirees State Chapter can only be established if there are at least three local retirees chapters. At the October Retirees Conference, most of those attending were…