With USPS now keeping tracking the deaths of its employees from the coronavirus pandemic, the agency is doing everything it can to continue normal operations,
The same night President Donald Trump signed a $100 billion coronavirus aid package into law, four of the largest postal unions requested a similar relief package for the Postal Service, which has already been facing a looming financial crisis.
Citing the safety and wellbeing of its employees amid the coronavirus threat, the Postal Service has released its 2020 Pandemic Influenza Plan.
Postal unions dismissed some of the recommendations as a “shot in the dark” when the task force, led by Treasury Secretary Steve Mnuchin, released them in December 2018.
While the USPS Fairness Act would remove an “onerous requirement” for USPS to pre-fund its retiree health benefits, the legislation by itself would do nothing to remedy the agency’s cash flow problems or its long-term financial position.
After years of broader postal reform bills failing to pass, the House this week will vote on a measure to repeal the Postal Service’s mandate to pre-fund health care benefits for future retirees.
In today’s Federal Newscast, the Congressional Budget Office found federal employees are contributing and saving more for retirement, due to two Thrift Savings Plan policy changes.
In an effort to course-correct from more than a decade of net financial losses, the Postal Service on Wednesday released its long-awaited five year-business plan.
David Patterson was a deputy Defense Department comptroller during the George W. Bush administration.
The Postal Service’s search for a new leader to improve its financial outlook will take longer than expected, but outgoing Postmaster General Megan Brennan has agreed to postpone her retirement date pending the success of her successor.