OPM News Release – March 13, 2024 Washington, D.C. – The U.S. Office of Personnel Management (OPM) released a list of conditionally approved carrier applicants today to participate in OPM’s new Postal Service Health Benefits (PSHB) Program for U.S. Postal Employees and their families. The Postal Service Reform Act of 2022 requires that OPM establish this new…
April 12, 2022 The Postal Service reform legislation that President Biden signed into law on April 6 will involve changes to employees’ health and retirement benefits. USPS understands that employees have many questions, so here are a few things to know: • The law establishes the Postal Service Health Benefits (PSHB) Program, which will provide…
By John Hatton / NARFE – February 19, 2021 The start of another Congress marks the start of a new round of discussions about postal reform legislation. As much as circumstances may change, due to the COVID-19 pandemic or changing economic trends or otherwise, the U.S. Postal Service continues to operate within the same basic…
As both the House and Senate have begun hearings into another possible attempt to shore up the Postal Service’s finances, concerns have been raised about a new attempt to compel postal retirees to enroll in Medicare. That provision has been in numerous proposals regarding USPS for years, none of which have come close to final…
Alexandria, Va. (April 30, 2019) – As the debate on reforms to the United States Postal Service (USPS) continues, NARFE shared concerns over past and current proposals targeting the health benefits of postal service retirees. In a letter to the leadership and members of the House Committee on Oversight and Reform regarding today’s hearing on…
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…
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…
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…
