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…
The USPS stopped paying for postal retirees’ health benefits on a pay-as-you-go basis in 2017. The USPS is draining the Retiree Health Benefits Fund to buy vehicles instead. What happens when the RHB Fund runs out of money? USPS Set to Run Out of Postal Retiree Health Care Funding in 12 Years Related: GAO’s Report…
The most shocking revelation in the GAO’s August 2018 report on Postal Retiree Health Benefits is that the USPS has stopped making payments for retirees’ health care on a pay-as-you-go basis. This explains where the USPS is getting the money for thousands of new postal vehicles. Instead, it is drawing down the Postal Service Retiree…
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…
Thursday, September 6, 2018 1 – 2 pm EST As part of the TSP Modernization Act you will soon have many new options when withdrawing your money from TSP. Learn more about the upcoming TSP withdrawal changes for 2019 through this informative WebEx workshop. If you experience difficulty accessing WebEx, you can also dial-in to…
08/29/2018 – Time is running short for APWU retirees who are interested in applying for temporary positions as Holiday Clerk Assistants: Applications are due Sept. 24. The Peak Season Exception Periods memo signed by President Mark Dimondstein and the USPS Vice President of Labor Relations in September 2015 has been carried forward into the new…
Does USPS allow FTR employees to buy back their casual time/T.E. time? If yes, what are the stipulations. First Name: Andy Last Name: Penza Email: penzoil302@gmail.com Union/Local: APWU – Boise, Idaho Local 650
Executive Summary The Postal Regulatory Commission (PRC) retained Segal Consulting (Segal) to conduct an independent liability examination for Postal Service workers covered by the Retiree Health Benefit (RHB) Fund. PRC specifically requested that we evaluate: Whether the current assumptions were developed in accordance with generally accepted actuarial principles and methods set forth in the Actuarial…
