Yesterday, USPS said it’s suspending the employer’s contributions for the defined benefit portion of the Federal Employees Retirement System, or FERS. The Postal Service said it was taking this step to conserve cash and preserve liquidity. Today, PMG Pat Donahoe — in a video message to employees — says the suspension will not affect them. […]
The League of Postmasters PowerPoint presentation on “Guidance for Recruiting, Testing, Hiring & Applying” for Postal Support Employee (PSE). The presentation was converted to PDF by PostalReporter.com. PowerPoint Presentation on Hiring USPS PSEs
Washington, DC – Ranking Member Elijah E. Cummings and Stephen F. Lynch, Ranking Member of the Subcommittee on Federal Workforce, U.S. Postal Service and Labor Policy, issued the following statement on the U.S. Postal Service’s decision to suspend its employer’s contributions for the defined benefit portion of the Federal Employees Retirement System (FERS). “Today, the […]
June 22, 2011 — The Postal Service announced on June 22 that it is suspending its bi-weekly contributions to the Office of Personnel Management (OPM) for Federal Employees Retirement System (FERS) benefits (11.7% of basic pay), because its FERS account within the government-wide pension plan has a large surplus, and because it would like to […]
WASHINGTON – Today, Sen. Tom Carper (D-Del.), chairman of the subcommittee with jurisdiction over the U.S. Postal Service, released the following statement reacting to the Postal Service’s decision to suspend its Federal Employees Retirement Systems (FERS) payments: “Today’s drastic action by the U.S. Postal Service underscores the urgent need for Congress and the Administration to […]
Statement by U.S. Office of Personnel Management On Postal Service’s Decision to Suspend FERS Annuity Contributions The US Postal Service is facing serious challenges. OPM is sympathetic to the situation in which the Postal Service finds itself, and we stand ready to help the Postal Service in whatever way we can, consistent with our legal […]
Issa Statement on Postal Service Decision to Stop Making Retirement Contributions Today, in response to the United States Postal Service (USPS) announcement that they will stop making employer’s contributions for the defined benefit portion of the Federal Employees Retirement System (FERS) for their employees, House Committee on Oversight and Government Reform Chairman Darrell Issa, R-Calif. […]
NATIONAL ASSOCIATION OF POSTAL SUPERVISORS NAPS Leg/Reg Update – June 21, 2011 Is Your Congressman on HR 1351? There are 150 Members of the House of Representatives who have co-sponsored HR 1351, the critical bill introduced by Rep. Stephen Lynch (D-MA) that fixes USPS overpayments for CSRS and FERS pension obligations and realigns USPS prefunding […]
The American Postal Workers Union is working fervently to make certain that the Postal Service’s decision to suspend employer contributions to FERS does not negatively affect the nation’s postal employees, President Cliff Guffey said on June 22. “We will take every step necessary to ensure that retirement benefits are protected. We are currently evaluating the […]
John Potter Selected as President and CEO for the Metropolitan Washington Airports Authority The Board of Directors of the Metropolitan Washington Airports Authority today selected former Postmaster General John E. (Jack) Potter to be the President/CEO of the Airports Authority. “We are confident that Jack has the leadership and management skills necessary to continue the […]