APWU: New Social Security Legislation Introduced

02/19/2019 – On Feb. 14, Sen. Bernie Sanders (I-VT) introduced the “Expand Social Security Act,” legislation that would expand benefits and add almost 50 years of solvency to the program. Social Security, in its current form, is paying out more money to recipients than it takes in, and will no longer be able to pay…

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UPMA supports H.R. 141, the Social Security Fairness Act

United Postmasters and Managers of America supports H.R. 141, the Social Security Fairness Act for the 116th Congress. Many UPMA current and future retired members are impacted by the GPO and WEP provision in the current Social Security Act. This Legislation would eliminate 2 titles of the Social Security Act, the (GPO) and the Windfall…

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Year End Message

2018 has come to an end and I look forward to a new and hopefully more productive year for the union. As far as the union issues it was not a very good year. The National Convention beat up on retirees. Only open support was from Nancy E. Olumekor Director Retiree Department, Sue Carney Director…

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Happy Holidays from APWU Pittsburgh Area Retiree Chapter

At this time of the year when we count our blessings, we have so much to be thankful for. We have life, family and secure retirement thanks to our Post Office careers. On behalf of the members of our Retiree Chapter, we take this opportunity to pause and reflect on our good fortune and give…

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USPS OIG Report: Treasury Inflation-Protected Securities

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 RHB premiums. The Office of Personnel Management (OPM) administers these programs, including…

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Should USPS’s Retirement Funds Be Invested in a More Broadly Diversified Portfolio?

Project Title: Foreign Posts’ Retirement Asset Investments Start Date: Monday, September 10, 2018 Estimated Report Release Date: March 2019 Employees of the Postal Service participate in two government-wide pension plans administered by the U.S. Office of Personnel Management (OPM): the Civil Service Retirement System and Federal Employee Retirement System. The assets of these plans are…

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Social Security Announces 2.8 Percent Benefit Increase for 2019

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…

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