The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees\' Retirement System. Republicans say USPS needed to do much more to \"right-size\" its costs and operations.
The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees\' Retirement System. Republicans say USPS needed to do much more to \"right-size\" its costs and operations.
The Postal Service will save more than $3 billion over the next several years under a labor agreement it negotiated with one of its largest unions, Postmaster General Patrick Donahoe will tell Congress Tuesday. House lawmakers have called a hearing to examine the deal with the American Postal Workers Union and other USPS workforce issues.
When it comes to predicting agency buyout plans, it is as simple as winning a bundle in Las Vegas or getting rich by buying low and selling high. And Senior Correspondent Mike Causey says, the winners are older feds who want out and younger people who want to keep their job, and maybe get a promotion too.
A radical new plan would outfit postal service trucks \"with sensors to collect and transmit information about weather or air pollutants,\" including radioactivity! We talk about it with the originator, the Postal Regulatory Commission\'s own Chief Counsel to the chairman, Michael Ravnitzky!
The Postal Service will offer $20,000 early retirement incentives to administrative employees, who must make a decision on whether to leave USPS by late April. RIF notices will be issued on May 25 to any affected employees who do not voluntarily retire or move to a lower grade.
Just when it looked like federal workers have hit rock bottom, it turns out that two big chunks of the government family may be in for some good news. Senior Correspondent Mike Causey says there may be pay raises for some postal workers and the return of the COLA for retirees.
The Federal Employees Education and Assistance fund survives on the kindness of federal employees to help federal employees survive disasters from furloughs to floods. We talk with Executive Director Steve Bauer. We also get an update on the latest furlough developments from Federal Times editor, Steve Watkins.
The U.S. Postal Service could reduce its workforce by up to 30,000 employees this year. Up to 7,500 of those positions would be eliminated as part of a redesign that USPS will announce March 25, an agency spokeswoman said.
Postmaster General Pat Donahoe said he\'s ready to announce more RIFs and without legislative help USPS will face insolvency this year. Sen. Susan Collins introduced a bill to help solve some of the challenges the Postal Services faces.
The Postal Service is encouraged by the President\'s recognition of the Postal Service\'s financial situation. For why, and what\'s next, we talk with USPS CFO, Joseph Corbett.
Last week the International Monetary Fund cautioned the government on spending. So how bad are federal finances? We ask GAO\'s Jeanette Franzel
GAO\'s biannual list includes 30 programs that are in trouble. House and Senate members promise to focus more of their attention on the initiatives most at risk. Members plan to use the model that worked for DoD and personnel security clearances in other problematic areas.
On this week\'s show, host Mike Causey talks with NTEU president Colleen Kelley and Federal Times\' Steve Watkins about different budget plans being considered and how they might hit you, or your agency, in the wallet.
Postal workers have been collecting workers\' comp after retirement. A bill introduced by Sen. Susan Collins (R-Maine) would put an end to it.