The USPS may finally get the much-needed help it’s been seeking. With HR 2382 now having a majority of support in Congress, Congress has the chance to fix the harm they have created. Although HR 2382 is very vague in its description, it will eliminate the pre-funding that has crippled the USPS. By my estimation…
The USPS Fairness Act (H.R. 2382), which would repeal the retiree health benefit pre-funding requirement, passed the threshold for bipartisan majority support in the House Of Representatives with 218 co-sponsors. However, more support is needed for this bill. With new House rules, legislation that reaches 290 or more co-sponsors can be scheduled directly for a…
On July 23, 2019, postal workers and the communities we serve are standing up for our public Postal Service. It’s time to protect America’s most cherished institution. We are telling our elected representatives to pass the USPS Fairness Act. In 2006, Congress saddled our public Postal Service with an unfair and unsustainable burden of pre-funding…
Chief Financial Officer Joe Corbett reviews the Postal Service’s latest in a “Dollars and Change” video released this week. During fiscal 2019’s second quarter (Jan. 1-March 31), USPS recorded revenue of $17.5 billion. Operating expenses were $19.6 billion, leaving the organization with a net loss of $2.1 billion. Several factors contributed to the net loss,…
On April 28, Reps. Peter DeFazio (D-OR), Tom Reed (R-NY), Xochitl Torres Small (D-NM), and Brian Fitzpatrick (R-PA) introduced the USPS Fairness Act (H.R. 2382) which would repeal the mandate that USPS “pre-fund” decades’ worth of health benefits for its future retirees, enacted through the Postal Accountability and Enhancement Act (PAEA) of 2006. As letter…
The United States Postal Service first began moving the mail on July 26, 1775. The Service was created a year before the Thirteen Colonies proclaimed their independence in 1776 as the United States of America. The employees of the US Postal Service have been sorting and delivering the mail to the citizens of the United…
August 10, 2018 NALC President Fredric Rolando’s statement on the release of the U.S. Postal Service’s financial statement for the third quarter of Fiscal Year 2018, covering the months of April, May and June of 2018: The Postal Service’s quarterly financial report shows the Postal Service’s underlying business strength while also indicating the need to…
By Louis C. LaBrecque – June 22, 2018 A union that represents about 200,000 postal workers is looking in upcoming labor talks with the U.S. Postal Service to reduce the service’s reliance on non-career employees. That’s from Mark Dimondstein, president of the American Postal Workers Union. The union’s goals as it begins bargaining June 26…
