Report to the PRC: Retiree Health Benefit Fund Liability Examination

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…

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Support Postal reform? Not so fast…

As a lifelong Postal employee (42 Years), I feel compelled to express my concerns relative to H.R. 756 & S 2629, otherwise referred to as “Postal Service Reform,” I am a Postal Service retiree, member of the National Association of Postal Supervisors (NAPS), and National Active and Retired Federal Employees (NARFE). Though I support legislative…

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NARFE: A Postal Reform Update and Why it Matters for All Federal Retirees

Here are the slides from today’s NARFE Webinar on proposed Postal Reform legislation and it’s effect on FEHB. A full presentation, including audio, will be made available soon and will be posted on 21cpw. – RZ Source: National Active and Retired Federal Employees Association

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NALC lauds bipartisan effort to advance postal reform legislation

March 22, 2018 Today, Sens. Tom Carper (D-DE), Jerry Moran (R-KS), Heidi Heitkamp (D-ND), and Claire McCaskill (D-MO) introduced S. 2629, “The Postal Service Reform Act of 2018,” a bill that incorporates elements of both the House Oversight and Government Reform Committee’s Postal Service Reform Act of 2017 (H.R. 756) and Sen. Carper’s “Improving Postal…

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APWU: New Postal Reform Legislation Introduced in the Senate

Web News Article #: 32-2018 03/23/2018 – On March 22, The Postal Service Reform Act of 2018 (S. 2629) was introduced in the U.S. Senate. The APWU recognizes the efforts of the four bi-partisan Senators who worked to craft and co-sponsor the proposed legislation – Tom Carper (D-DE), Jerry Moran (R-KS), Heidi Heitkamp (D-ND) and…

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APWU Pittsburgh Retiree Record – January 1, 2018 Edition

Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU: Excerpt: Looking ahead, antics of the Trump administration and the rubber stamp Congress will test us in areas of importance to retirees. It is being reported that the so-called tax cut that likely will be adopted as this is being written is…

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Medicare cannot afford a reckless USPS bailout

By Ross Marchand – August 8, 2017 Medicare’s breaking point is nigh, with the program’s trustees projecting that solvency will only last until 2029. For American adults that will be dependent on the program in twelve short years, the trustee’s grave prognosis is a cause for alarm. But, at a time when program expenses need…

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