FEHB for 26 year olds
Posted
On: Aug 31, 2010 (16:42:50)
FEDERAL EMPLOYEES HEALTH BENEFITSCOVERAGE FOR CHILDREN UP TO AGE 26The new health law approved earlier this year will allow adult children up to age 26 to be covered family members under health insurance plans purchased by their parents or legal guardians, effective at the start of the next benefit plan year Read More...
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Zumbox and Feds
Posted
On: Aug 30, 2010 (14:03:40)
Govdelivery and Zumbox Introduce “Digital Postal Mail Solution” for Local, State and Federal GovernmentST Read More...
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Union Revolution
Posted
On: Aug 30, 2010 (14:00:03)
The Reformed BrokerWarning: Union revolution is nextMassively underfunded pension plans, overpaid public servants, entitled unions... They're in line for the next government bail-out, and when they don't get it, things will get ugly.By Joshua M Brown, Guest blogger / August 27, 2010I'm drawing a line in the sand with this blog post Read More...
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Postal Plantation
Updated
On: Aug 30, 2010 (14:06:00)
President Obama: Why Are You Allowing Your Postmaster General to Run a Plantation?August 29, 2010 posted by Eric L. Wattree · 7 Comments BENEATH THE SPIN • ERIC L. WATTREEPresident Obama: Why Are You Allowing Your Postmaster General to Run a Plantation?The United States Postal Service is running a latter-day plantation Read More...
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Convention Highlights
Posted
On: Aug 30, 2010 (13:39:38)
Union Vows to Escalate Fight To Preserve Postal Service2010 APWU Convention Highlight Videos Video 1 Video 2 Video 3 Video 4 Video 5 Convention News Bulletin #04-10, Aug Read More...
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Tax Cuts
Posted
On: Aug 30, 2010 (13:30:30)
Why Extending the Tax Cuts for High Earners Makes Little Sense for Mailers Currently there is a major argument over whether the Bush tax cuts should be extended for those earning high incomes. The argument is being fought on traditional left-right, Democratic-Republican lines Read More...
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Solution for Postal Debt
Posted
On: Aug 30, 2010 (13:27:17)
Is there a solution in sight for the Postal Service's debt woes?August 24, 2010 - 10:08am
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Postal Closing
Posted
On: Aug 30, 2010 (13:21:55)
By Suzanne Kubota Senior Internet EditorFederalNewsRadio.com The Postal Service is getting away from the classic "brick and mortar" facilities. Congress recognized in 2006 that the Postal Service had more buildings than it really needed, and recommended streamlining the network.That led to the Stations and Branches Optimization and Consolidation Initiative Read More...
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Postal Earnings too Optimistic?
Posted
On: Aug 29, 2010 (21:48:14)
Are the Postal Service's Earnings Forecast Too Optimistic? Readers that are expecting an answer to the question in the title will be disappointed. The truth is I do not know. However, I do know that the most recent forecasts, or at least those contained in the exigent rate case are woefully out of date even though they are at worst 6 months old Read More...
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Executive Perks
Posted
On: Aug 29, 2010 (21:43:21)
Postal officials gave varying accounts of ex-executive's perks By Jim McElhatton - The Washington Times The U.S. postmaster general and his top officials gave investigators varying accounts about the decision to allow a top executive to retain his six-figure outside corporate jobs while working full time, earning more than $230,000 as president of shipping and mailing, for the U.S. Postal Service, records show. Newly released memos of extensive interviews conducted earlier this year by the U.S. Postal Service's office of inspector general with Postmaster John E. Potter and other executives provide a rare look into the operations in the top reaches of the Postal Service. READ MORE
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POstal Loss
Posted
On: Aug 29, 2010 (21:37:48)
USPS Reports Net Loss Of $764 Million For the Month of JulyThe US Postal Service today filed its July 2010 (unaudited) preliminary financial report with the Postal Regulatory Commission. USPS reported a net income/loss of $764 million. The total Fiscal Year to Date loss is $6.1 billion (June, $2 Read More...
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IG Postal Service Overpaid
Posted
On: Aug 29, 2010 (21:33:43)
IG: Postal Service paid $6.8 billion extra to pension fundBy Emily Long elong@govexec.com August 23, 2010 The U.S. Postal Service could use at least $5.5 billion in pension fund overpayments to address its financial concerns, according to a new audit. In an Aug. 16 report, USPS Deputy Assistant Inspector General for Financial Accountability John Cihota found that a $6 Read More...
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CFO Testimony
Posted
On: Aug 29, 2010 (21:27:41)
USPS Requests Former CFO Back Up Testimony On Behalf Of NALCFormer USPS CFO Michael Riley submitted testimony to PRC on behalf of NALC earlier this month. Former USPS Chief Financial Officer: Eliminating Saturday Delivery Is Not Necessary. Now USPS is requesting that Riley produced documents, analyses, data to support his assertions Read More...
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What Does Buffer Know about Future of USPS
Posted
On: Aug 19, 2010 (12:46:46)
What does Warren Buffett know about the future of the USPS? In his quarterly filing of investment holdings, Warren Buffett announced a new investment by Berkshire Hathaway in a competitor to the Postal Service. That competitor is Fiserv. (FISV) With this investment, Berkshire Hathaway becomes the 6th largest investor in the company.Fiserv is not a household name Read More...
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FERS Overfunded
Posted
On: Aug 19, 2010 (12:42:46)
OIG Says USPS Overfunded Its FERS Retirement Obligations By $6.8 BillionA new audit report from the Office Of Inspector General says that the USPS over-funded its FERS retirement obligations by $6.8 billion. The OIG reported several months ago that USPS overfunded its CSRS retirement obligations by $75 billion Read More...
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Collins is Clueless
Posted
On: Aug 19, 2010 (12:40:15)
USPS Chief Financial Officer thinks Susan Collins is cluelessHere’s a surprising exchange you may have missed from last week’s exigency rate hearings before the Postal Regulatory Commission. It doesn’t seem to have received much attention, except for the “This Week in Postal” podcast Read More...
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Why Rate Case Should not be Approved
Updated
On: Aug 19, 2010 (12:38:00)
Why the Exigent Rate Case Should Not be Approved I have tried to avoid commenting on the exigent rate case up till now. I have long held that the Postal Service can no longer hold accounting break-even as the standard for financial self-sufficiency Read More...
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USPS New Measuring Tool
Updated
On: Aug 19, 2010 (12:37:00)
USPS: New Tool To Measure Service DeliveryCALCULATING BETTER SERVICENEW TOOL TO MEASURE SERVICE DELIVERYHow well is USPS doing to meet its service delivery commitments — internally and with its customers? With the new Service Delivery Calculator (SDC), the Postal Service will soon have more accurate and timely answers to this critical question Read More...
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Is the USPS a Business
Posted
On: Aug 19, 2010 (12:22:16)
IS USPS A BUSINESS?EMPLOYEES WORK TOGETHER TO DELIVERUSPS employees are at the heart of the Postal Service’s progress over the past decade. Whether in the ranks of management or hard at work in processing facilities, employee cooperation across job lines has led to improvements in workforce efficiency, revenue generation and customer service Read More...
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Boycott Surveys
Posted
On: Aug 17, 2010 (15:34:18)
APWU Urges Members to Boycott “Voice of the Employee” SurveysAPWU Web News Article 085-2010, Aug. 16, 2010The APWU is asking union members to boycott USPS “Voice of the Employee” surveys in order to prevent management from manipulating the results to undercut the union during upcoming contract negotiations Read More...
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No Cost of Living
Posted
On: Aug 17, 2010 (15:29:44)
For Employees Covered by the National Agreement and the Operating Services Agreement:(08/16/10) In July, the Consumer Price Index (CPI-W) rose to 637.138, still well below the July 2008 index of 644.303 (upon which the last COLA increase was based). The CPI-W needed to rise above 644.303 before another COLA was due Read More...
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Does the USPS want Early Outs?
Posted
On: Aug 17, 2010 (15:27:33)
Editorial: Does the Postal Service Really Want Early Retirements?In recent VERAs the Postal Service issued FERS annuity estimates that omitted the employee’s FERS annuity supplement. The FERS annuity supplement is often DOUBLE the basic annuity amount. Was that to discourage early retirements so they can justify weakening the no-layoff clause in upcoming contract negotiations Read More...
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Privatizing the Post
Posted
On: Aug 17, 2010 (15:25:09)
Privatizing the Post In the United States, the policy debate is over how the Postal Service will survive past the end of the fiscal year. In Great Britain and Canada the debate is now respectfully when and if the Post should be privatized.Royal Mail clearly is on a path toward privatization.In July, Sky News reported the government hired advisers on a potential Royal Mail sale Read More...
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Helping Union Vets
Posted
On: Aug 17, 2010 (15:21:54)
HELPING UNION VETERANS: In July 2008, the AFL-CIO launched its first-ever Union Veterans Council (UVC) to “bring together union veterans on the issues that matter most to veterans, their families and working men and women Read More...
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USPS Executive Jobs
Posted
On: Aug 17, 2010 (15:18:55)
Postal Service strives to maintain a deep bench for executive jobsBy Emily Long elong@govexec.com August 13, 2010 In the face of budget deficits and a shrinking workforce, the U.S. Postal Service is looking to develop its leaders and recruit new talent, according to an agency official Read More...
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Wont Settle for Less
Posted
On: Aug 17, 2010 (15:14:33)
Burrus: “Postal Workers Will Not Settle for Less”APWU Web News Article 084-2010, Aug. 13, 2010“America wants to keep Saturday delivery, and we will beat back this proposal to lock the mailbox on Saturday,” APWU President William Burrus told delegates to the National Association of Letter Carriers (NALC) biennial convention in Anaheim, CA Read More...
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HR 5746
Posted
On: Aug 17, 2010 (15:10:55)
Dear APWU Member/Retiree, As you are probably already aware, important legislation was recently introduced by Rep. Stephen Lynch, (MA-09). This legislation (H.R. 5746) would modify the formula for funding the Civil Service Retirement System (CSRS), would rectify overpayments to the CSRS by the Postal Service, and drastically improve the financial health of the U.S Read More...
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