USPS: Year-end financial results for FY 2017 reported

The Postal Service has reported its financial results for fiscal 2017 (Oct. 1, 2016-Sept. 30, 2017). Here are some highlights: Total revenue. The organization reported total revenue of $69.6 billion, a decrease of $1.8 billion compared to the prior year. The lower revenues were driven largely by accelerated declines in First-Class Mail and Marketing Mail…

 Continue reading

Powerful former chair of federal workforce committee leaves Congress on Friday

By Joe Davidson – June 27, 2017 Rep. Jason Chaffetz (R-Utah), now the former chairman of the House Oversight and Government Reform Committee, will leave a legacy when he quits Congress at 10 a.m. Friday, but we might not have his mug to remind us. If incoming Chairman Trey Gowdy (R-S.C.) does as Chaffetz did,…

 Continue reading

NARFE Legislative Hotline Message – May 19, 2017

Excerpt: Speak Out! Postal Reform Bill Approved by House Oversight Committee  NARFE strongly urges its members to contact their legislators and ask them to oppose the Postal Reform Act of 2017 in its current form. This bill forces current postal retirees onto Medicare in order to keep their federal health insurance coverage and sets a…

 Continue reading

APWU Pittsburgh Retiree Record – May 11, 2017 Edition

Via John P. Richards, President – Pittsburgh Area Retiree Chapter of the APWU: Excerpt – A number of retiree organizations, including NARFE, have come out in strong opposition to HR 756, arguing that if enacted the law will destroy the fabric of our health insurance as we know it, and may take the entire Federal…

 Continue reading

USPS reports second-quarter financial results

The Postal Service has reported its financial results for fiscal 2017’s second quarter (Jan. 1-March 31, 2017). Here are some highlights: • Controllable income. USPS posted controllable income of $12 million for the second quarter, below the $576 million it posted during the same quarter last year. Controllable income describes net income (or loss) that…

 Continue reading

APWU: Miners Win Permanent Funding for Retirement Health Care

Web News Article #: 43-2017 05/05/2017 – On May 4, Congress passed legislation providing for 22,600 retired coal miners, widows and dependents to have the health care they were promised by the federal government and earned through going into the mines for decades to power the country. The members of the United Mine Workers of…

 Continue reading

APWU Pittsburgh Retiree Record – April 28, 2017 Edition

Via John P. Richards, President – APWU Pittsburgh Area Retiree Chapter SOLD OUT? The retiree establishment within the Union is abuzz over the administration’s embracing and supporting HR 756, known as the Postal Service Reform Act. This law, if enacted in it’s current draft, will drastically change our health ‘insurance’ delivery system. Several of many…

 Continue reading