The Postal Service Reform Act passed the U.S. Senate on March 8 with bipartisan support. Now that the bill has passed both houses of Congress, it heads to the White House for President Joe Bidenās signature. The legislation eliminates the Postal Serviceās outdated, burdensome retiree health benefit prefunding requirement and integrates the organizationās retiree health…
Via APWU Oakland Retiree Chapter Member Ernest Johnson: I have a letter from Congressman George Miller laying out the postal service financial coffers and retiree benefits in dollars. That money seems to disappear and be set aside while claiming the need to protect retirees. There was a surplus of money.
By Nicole Ogrysko – May 25, 2021 A bipartisan bill designed to bring desired financial relief to the U.S. Postal Service could have implications for the rest of the federal workforce, potentially raising health insurance costs for employees and retirees, an employee advocacy organization warns. For the first time in years, momentum is building in…
By Jessie Bur – May 14, 2021 Employees of the U.S. Postal Service could soon be included in federal provisions guaranteeing 12 weeks of paid parental leave under legislation reported favorably out of the House Oversight and Government Reform Committee May 13. The committee passed two USPS reform bills ā the Postal Service Reform Act…
By David Shepardson – May 10, 2021 The U.S. House of Representatives Oversight and Reform Committee on Thursday will consider a pair of bills to reform the cash-strapped U.S. Postal Service, a document seen by Reuters shows. Representative Carolyn Maloney, the Democrat who chairs the panel, circulated draft legislation earlier this year to address some…
USPS News Release – March 23, 2021 HIGHLIGHTS OF THE āDELIVERING FOR AMERICAā PLAN – Aims to meet or exceed 95 percent network-wide, on-time delivery – Operates at break-even by FY2023 avoiding $160 billion in projected losses over the next 10 years Preserves affordable, six-day mail and expands seven-day package delivery Generates $24 billion in…
By Evan Dean – March 2, 2021 Last week, House Oversight and Committee Chairwoman Carolyn Maloney, D-NY, presented draft postal reform legislation incorporating provisions NARFE has long advocated, including Medicare integration that preserves current postal retireesā choice regarding whether to enroll in Medicare Part B. In advance of a hearing reviewing the legislation and other…
For fifteen years, the United States Postal Service has been obligated to prefund its retiree healthcare costs at 100%. This mandate resulted in the annual loss of $5 billion over a decade and has been the primary cause of financial deficits since 2013. Because of these losses, the Postal Service faced cuts in services and…
