House Committee To Mark Up Postal Bill On July 10th

From House Committee On Oversight And Government Reform Friday, July 10, 2009 Full Committee Edolphus Towns, Chairman Agenda: The Committee will hold a business meeting to mark up H.R. 22, which amends Chapter 89 of Title 5, United States Code, to allow the United States Postal Service to pay its share of contributions for annuitants’ […]

USPS FERS Annuity Estimates Fall Short

It came as no surprise to me that few postal employees accepted the latest voluntary early retirement offer, especially those under the new retirement system, FERS.  The annuity estimates given to FERS eligibles between minimum retirement age (MRA) and age 62 omitted their FERS Special Retirement Supplement.  It was a substantial amount to leave out–$1,000 […]

Fewer Than 2 Percent Of Postal Employees Take Latest Early Retirement Offer

From Federal Times Fewer than 2 percent of U.S. Postal Service employees who were offered a chance at early retirement last month accepted the offer — far less than postal management expected. The Postal Service offered early retirement to 147,937 employees; they were required to make a decision by June 16, with their retirement beginning […]

PMG Announces New Vice President Assignments

PMG Jack Potter announced the selection of Steve Forte as the new senior vice president, Operations. Forte, who most recently served as vice president, Operations, New York Metro Area, will have overall responsibility for Engineering, Facilities, Sustainability, Network Operations, and Delivery and Post Office Operations. Tim Haney, vice president, Area Operations, Northeast Area, will serve […]

USPS Global Express Guaranteed Service Agreement With FedEx Renewed

The USPS alliance with FedEx to provide Global Express Guaranteed (GXG) service has been extended for a five-year term. The renewed GXG agreement — under which the two companies will collaborate to operate the Postal Service’s premier, date-certain international delivery service to more than 190 countries and territories — continues an alliance that began in […]

Michael Jackson Semi-Postal Stamp?

In a recent e-letter to the US Postal Service a reader wrote: Due to the passing of Michael Jackson, the business world will try to capitalize on his fame. The USPS should immediately initiate a semi-postal stamp honoring Michael Jackson with the proceeds going to combat world hunger. The stamp could outsell Elvis. Jody Whiteside, […]