WASHINGTON – The U.S. Postal Service (USPS) today released an important update to its business plan for returning to profitability and long-term financial stability. While fundamentally consistent with the approach advanced by the Postal Service over the past year, the plan released today incorporates important refinements of financial projections and recommended legislative reforms. “The plan […]
The Postal Service’s latest five-year plan, which it announced with great fanfare on Feb. 16, is “a warmed-over menu of proposals that are doomed to fail,” said APWU President Cliff Guffey. “The Postal Service cannot cut its way to financial health. The USPS must modernize, improve service, and offer new products in order to succeed,” […]
The U.S. Postal Service may resort to early retirements and buyout offers as a way to slash its staff by 66,000 employees this year and another 51,000 next year. Combined, the planned cuts over the next two years amount to more than one-fifth the agency’s workforce. Office of Personnel Management Director John Berry said Wednesday […]
From the National Association of Postmasters of the United States: On Friday, the House and Senate will take up the Conference Report on HR 3630, legislation to continue the 2% reduction in the Social Security payroll tax through the end of the calendar year. Among the provisions in the bill is a section that provides […]
Feb. 16, 2012 WASHINGTON – Today, Sen. Tom Carper (D-Del.), chairman of the Senate subcommittee that oversees the U.S. Postal Service, released the following reaction to the announcement of the U.S. Postal Service’s most recent business plan: “Today the U.S. Postal Service provided members of Congress with an updated version of its business plan – […]
Postal Regulatory Commission finds process in need of fixes Washington, Feb 16 – Congressman Bill Owens (NY-23) joined over 100 of his colleagues in the U.S. House of Representatives in asking Postmaster General Patrick R. Donahoe to place a moratorium on the USPS’s discontinuance process leading to post office and mail processing facility closures until […]
Feb. 16, 2012 — In response to the Postal Service’s proposal Thursday to reduce services in an effort to trim losses, the NALC issued the following statement: The National Association of Letter Carriers will study the Postal Service’s new business plan in more detail over the next few days, but any plan that calls for […]
The Postal Service projects a FTE reduction of 155K by 2016 in connection with the Strategic Initiatives The US Postal Service has presented its new proposed business plan to Congress. A copy of the presentation used to explain the plan is below. USPS-sponsored insurance would be significantly more cost effective and yields equivalent or better […]
Current Workers Still in Jeopardy Published reports indicate that the latest deal to extend the 2 percent payroll tax holiday would require only new postal workers and federal employees to pay more for their retirement benefits. The increase would be used to fund another portion of the bill, which extends unemployment benefits. Call Congress! Ask […]
UNITED STATES ATTORNEY RICHARD S. HARTUNIAN announced that DOUGLAS HARRINGTON, age 53, of Glens Falls, New York, was sentenced today by Senior United States District Judge Thomas J. McAvoy, in Albany, New York, for the felony off nse of theft of mail matter by a postal employee. HARRINGTON was sentenced to probation for a term […]