USPS December Retiree E-Newsletter

Fraud Against Seniors The FBI’s Common Fraud Schemes webpage provides tips on how you can protect yourself and your family from fraud. Senior citizens especially should be aware of fraud schemes for the following reasons: Senior citizens are most likely to have a “nest egg,” to own their home, and/or to have excellent credit—all of…

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NALC President’s Statement On USPS Financial Results for FY 2019

The large loss posted by the U.S. Postal Service in Fiscal Year 2019 ($8.8 billion) is largely the result of external factors, not the normal operations of the agency. More than half the loss stems from the 2006 congressional mandate that requires the Postal Service, alone among all public agencies and private companies, to pre-fund…

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APWU Pittsburgh Retiree Record – Nov. 6, 2019 Edition – “THEY BLEW IT!”

Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU Excerpt: We expect that when the word of the power grab gets out to the Union at large there will be a howl that the retirees are trying to take control of the Union. That was the reaction at the last Convention…

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Retired Members Alert! – USPS assault on FEHBP benefits!

Just received by retired postal workers; USPS RETIREE – Quarterly Newsletter – Fall 2019! Timed for FEHBP Open Season! Loaded with Medicare Integration propaganda. Beware Buying In! This is WHY – Quote from USPS Chief Human Resources Officer, Isaac Cronkite: “Integration with Medicare would ensure that the Postal Service would be able to pay its…

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USPS: New TSP podcast available

If you have questions about the Thrift Savings Plan (TSP), locating answers just became a little easier. The Federal Retirement Thrift Investment Board, the agency that administers the program, recently introduced “The Real TSP,” a podcast available on YouTube. The podcast is hosted by TSP educators who provide an in-depth look at retirement investing and…

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Social Security Announces 1.6 Percent COLA for 2020

Press Release – October 10, 2019 Social Security Announces 1.6 Percent Benefit Increase for 2020 Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, the Social Security Administration announced today. The 1.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 63…

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