USPS News 
Top News
- Data breach puts DHS workers at risk of ID theft
- DoD to pursue commercial alternative to VA's VistA system
- Obama to nominate Tangherlini as GSA administrator
- PHOTOS: Meet the 2013 Service to America Medal Finalists
- House GOP panel moves on deep budget cuts
- OMB fuels synergy between mobile, open data
- IRS official Lerner: 'I did nothing wrong'
- OMB reworking financial system requirements to focus on outcomes, not inputs
- Retirement funds temporarily tapped to avoid debt limit default
- VanRoekel to lead OMB management team
- SBA starting new lending program for veterans
- New Apple devices cleared to join DoD IT networks
- Bonuses under fire at GSA, other agencies
- Wednesday federal headlines - May 22, 2013
$hrinking buyouts: An offer you can't refuse?
Do you have something that is shrinking with age? If you are with the Postal Service, its the size of your buyouts, Senior Correspondent Mike Causey says. They are getting smaller all the time. Is this a trend feds in other agencies need to watch? Is it the precursor of an offer you can't refuse.
Phased retirement, postal buyouts, VA problems
Federal News Radio Executive Editor Jason Miller
and Federal Times Senior Writers Stephen Losey and
Sean Reilly join host Mike Causey to talk about
phased retirements, sequestration and more.
October 3, 2012
USPS agrees to buyout plan with postal workers union
The service will offer $15,000 incentive that would be paid out over two installments to retirement-eligible employees.
US Postal Service to default on second $5B payment
The U.S. Postal Service, on the brink of default on a second multibillion-dollar payment it can't afford to pay, is sounding a new cautionary note that having squeezed out all the cost savings within its power, the mail agency's viability now lies almost entirely with Congress.
USPS defaults a second time as legislation stalls
For the second time in as many months, the cash- strapped U.S. Postal Service says it will default on a required payment to fund future postal retirees' health benefits. The announcement comes after the agency similarly missed a $5.5 billion payment last month, and as longterm legislative solutions languish in Congress.
Sequestration and health care
Host Mike Causey will discuss the potential impact of sequestration with Janet Kopenhaver from Federally Employed Women, and Stephen Losey and Sean Reilly from the Federal Times.
September 26, 2012
Retirement, sequestration, and more
NARFE Director of Benefit Services David Snell and Steve Watkins and Sean Reilly of the Federal Times will talk about issues that could affect your retirement.
September 19, 2012
Few retired feds cash in on dual compensation
Among six federal agencies surveyed, few are using a defense waiver allowing partially retired workers to collect a salary and their full pension benefit, a new Government Accountability Office report says.
Congress faces continuing resolution, sequestration and postal reform
Lawmakers returned to Washington, D.C., this week with a packed agenda. Topping the list of priorities is hammering out final details of a stopgap spending measure to keep the government running beyond the end of the fiscal year -- Sept. 30. Amid the election-year politicking, the list of unfinished business also includes legislation to restructure the financially ailing U.S. Postal Service and a cybersecurity bill that aims to safeguard the nation's critical infrastructure. Perhaps looming largest of all is what Congress plans to do about automatic, across-the-board cuts, known as sequestration, set to take effect Jan. 2. Failure to avert the cuts could send the country over a "fiscal cliff," budget experts warn.
USPS offers early outs to 3,300 workers
To avoid lay-offs, this week the mail agency offered early retirements to more than 3,300 employees who will retire Dec. 31, 2012.
Postal regulators OK shorter post office hours
Postal regulators agreed with a Postal Service plan to cut the window hours at 13,000 post offices. Operating hours will be cut to six, four or even two hours per weekday at these locations.
Sequestration, the Ryan budget, and more
Host Mike Causey moderates a roundtable discussion
of sequestration, postal service buyouts, and
more.
August 15, 2012
'Crisis of confidence' as USPS posts $5.2 billion quarterly loss
The Postal Service lost $5.2 billion in the third quarter of this year, bringing its year-to-date tally of red ink to $11.6 billion for the first nine months of 2012. The USPS chief financial officer said the organization's liquid assets are running perilously low. Postmaster General Patrick Donahoe faults an "inflexible" business model and urged action by Congress.
Fed pay, the postal service, and more
NTEU president Colleen Kelley and Steve Watkins
and Andy Medici from the Federal Times will talk
about some of the big a wide variey of issues
affecting federal workers.
August 1, 2012
Analysis: $5.5B default fails to inspire urgency over Postal Service bill
Although the word "default" might elicit a sense of urgency in most people, it doesn't appear to be inspiring lawmakers to take action on the proposed Postal Service bill. USPS is expected to default on $5.5 billion in pension costs that it owes to the Treasury.
USPS: We will default on $5.5B payment due this week
The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways to stem the red ink. With cash running perilously low, two legally required payments for future postal retirees' health benefits - $5.5 billion due Wednesday, and another $5.6 billion due in September - will be left unpaid, the mail agency said Monday.
Sequestration and pay
AFGE's Public Policy Director Jacque Simon and
Stephen Losey and Sean Reilly of the Federal Times
will talk about the big issues affecting federal
workers.
July 25, 2012
IG encourages USPS to consider offering non-postal services
The U.S. Postal Service may be overlooking a potential source of revenue, according to a report from its inspector general. Offering nonpostal services presents several challenges, but it may also be a viable option for the struggling institution, the report concluded.
A new retirement option for feds
Federal Times Senior Staff Writer Stephen Losey
will give us an update on a new retirement
law...and other legislation affecting federal
workers.
July 11, 2012
USPS fighting back against the insider threat
The Postal Service's E-Access system helps control employee access to systems and data. The single sign-on environment lets managers and database owners assign privileges to employees based on need.
