In 2022, The Postal Service Reform Act repealed the USPSâs unfair pre-funding mandate, ensuring six-day delivery and creating the Postal Service Health Benefits (PSHB) Program within the existing Federal Employees Health Benefits (FEHB) Program. These accomplishments benefit the long-term financial stability of the USPS, which in turn benefits letter carriers. This month’s Postal Record discusses…
What the NALC still doesnât explain is will the benefits for the retirees in the postal-only FEHB plans be exactly the same as in the non-postal FEHB plans? Will they stay the same in the future? That seems unlikely. Currently, FEHB plans return the savings they get from retirees having Medicare A and B primary…
Via APWU Oakland Retiree Chapter Member Ernest Johnson: I have a letter from Congressman George Miller laying out the postal service financial coffers and retiree benefits in dollars. That money seems to disappear and be set aside while claiming the need to protect retirees. There was a surplus of money.
(This article appeared in the September-October 2013 edition of The American Postal Worker.) Postmaster General Patrick Donahoe renewed his call to remove postal employees and retirees from the Federal Employee Health Benefits Program (FEHBP) in testimony before the House Oversight and Government Reform Committee on July 17. âNow is the time for bold and sweeping action,â…
The most shocking revelation in the GAOâs August 2018 report on Postal Retiree Health Benefits is that the USPS has stopped making payments for retireesâ 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…
Here are the slides from today’s NARFE Webinar on proposed Postal Reform legislation and it’s effect on FEHB. – RZ Source: National Active and Retired Federal Employees Association
Request for Proposal (RFP) For Retiree Health Benefit Fund (RHBF) Liability Examination 1. Introduction and Purpose of the Request for Proposal (RFP) 1.1. Background on Retiree Health Benefit Fund (RHBF) The Postal Regulatory Commission (PRC or Commission) is an independent establishment of the executive branch of the federal government with regulatory oversight over the United…
By Ike Brannon – December 14, 2017 Delivering mail to every address in the country, the USPS has a nearly daily impact on every Americanâs life. With over $121 billion in debt and unfunded liabilities, it could have an even larger impact in every Americanâs life if it cannot begin cutting costs and paying its…
