USPS submits calculations for density and retirement rate authorities to raise prices

December 30, 2023 Today the Postal Service submitted its calculations to the Postal Regulatory Commission for its density rate authority and retirement rate authority to increase rates in the coming year. These are the amounts that the Postal Service is permitted to raise rates on Market Dominant products beyond the Consumer Price Index (which, until…

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USPS Reports Fiscal Year 2022 Results

November 10, 2022 The Postal Service has reported its financial results for fiscal year 2022 (Oct. 1, 2021-Sept. 30, 2022). Here are the highlights: • Revenue. Operating revenue was $78.5 billion, an increase of 1.9 percent from the previous fiscal year. First-Class Mail revenue increased 3.3 percent, and Marketing Mail revenue increased 9.7 percent. Shipping…

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USPS: Info available for new health benefits plan (PSHB)

September 8, 2022 USPS and the Office of Personnel Management (OPM) have published online FAQs about the new Postal Service Health Benefits Program. The program, also known as PSHB, will begin in 2025 and will provide health insurance to eligible Postal Service employees, annuitants and their eligible family members. PSHB is a new program within…

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USPS: Postal Service Health Benefits Program begins in 2025

August 29, 2022 USPS and the Office of Personnel Management (OPM) have published online FAQs about the new Postal Service Health Benefits Program. The program, also known as PSHB, will begin in 2025 and will provide health insurance to eligible Postal Service employees, annuitants, retirees and their eligible family members. PSHB coverage will replace Federal…

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USPS: Bipartisan postal reform bill awaits president’s signature

The Postal Service Reform Act passed the U.S. Senate on March 8 with bipartisan support. Now that the bill has passed both houses of Congress, it heads to the White House for President Joe Biden’s signature. The legislation eliminates the Postal Service’s outdated, burdensome retiree health benefit prefunding requirement and integrates the organization’s retiree health…

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Fighting for the Right to Your Federal Benefits

Federal employees meet virtually with lawmakers to make their voices heard on compensation issues. By Tammy Flanagan – June 24, 2021 This week I had the opportunity to attend the legislative conference of the National Active and Retired Federal Employees Association. This impressive three-day event was held entirely on a virtual platform and included lessons…

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NARFE warns postal reform bill could raise health premiums for federal workers

By Nicole Ogrysko – May 25, 2021 A bipartisan bill designed to bring desired financial relief to the U.S. Postal Service could have implications for the rest of the federal workforce, potentially raising health insurance costs for employees and retirees, an employee advocacy organization warns. For the first time in years, momentum is building in…

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Paid parental leave for USPS employees included in postal reform bills

By Jessie Bur – May 14, 2021 Employees of the U.S. Postal Service could soon be included in federal provisions guaranteeing 12 weeks of paid parental leave under legislation reported favorably out of the House Oversight and Government Reform Committee May 13. The committee passed two USPS reform bills — the Postal Service Reform Act…

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