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8:43 am, December 21, 2014

USPS News

Postmaster says Senate bill a good start to postal overhaul

Postmaster General Patrick Donahoe says a Senate bill aiming to overhaul the Postal Service's financial structure by providing the agency more flexibility to price its products is a good first step. Donahoe has been calling on Congress to approve comprehensive postal reform for much of the last two years. In that time, the cash-strapped agency has posted losses of $20 billion and defaulted on more than $11 billion in payments to prefund retiree health care costs. USPS is set to default on a $5.6 billion payment due Sept. 30 payment, Donahoe said.

Thursday - 09/19/2013, 06:00pm EDT

Estate planning, CR, and more

Attorney Thomas J. O'Rourke will answer your calls and emails on how to best prepare for your family's financial future. Also, Sean Reilly from the Federal Times will give us an update on some of the big issues affecting federal workers.
September 18, 2013

Wednesday - 09/18/2013, 08:40pm EDT
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USPS augments computer network to handle ever-expanding services

The Postal Service hired AT&T under two contracts worth a combined $53.5 million to improve the bandwidth and cybersecurity of back-end infrastructure. AT&T will provide MTIPS under the Trusted Internet Connections initiative.

Tuesday - 09/03/2013, 08:28pm EDT
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USPS chooses vendor to take identity management to the cloud

SecureKey Technologies will build a portal in the cloud to handle the identity management process and connect one username or password or digital certificate to many services. The contract is worth $15.1 million over three years.

Wednesday - 08/21/2013, 08:29pm EDT

New health plan options & reduced retirement benefits

NARFE's David Snell will talk about a health care option for feds without children and Sean Reilly from the Federal Times will give us an update on 2014 budget negotiations and other issues affecting federal employees.
August 21, 2013

Wednesday - 08/21/2013, 06:50pm EDT
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Postal Service revamps priority mail program

Cash-strapped Postal Service revamps priority mail program to raise revenue

Thursday - 08/15/2013, 01:22am EDT

Postal Service had $740 million third-quarter loss

Postal service reports $740 million third-quarter loss, asks Congress for help to rebound

Saturday - 08/10/2013, 03:52am EDT

Pension, health care changes key to Senate postal reform plan

The Senate postal reform bill calls on the Office of Personnel Management to change the way it calculates how much the U.S. Postal Service must pay into the Federal Employees Retirement System and the Civil Service Retirement System. The change could result in a $6 billion surplus for the debt-burdened USPS.

Friday - 08/02/2013, 08:19pm EDT

AP Interview: USPS eyes alcohol deliveries

AP Interview: Cash-strapped Postal Service eyes alcohol deliveries to help raise revenues

Friday - 08/02/2013, 03:16pm EDT

No more mail at your door? Delivery changes eyed

Door-to-door mail delivery would be phased out under plan approved by House committee

Thursday - 07/25/2013, 07:14am EDT

House committee moves forward on postal reform

The House Oversight and Government Reform Committee approved major postal reform legislation Wednesday. The 22-17 party-line vote moves the 2013 Postal Reform Act, introduced by Chairman Darrell Issa (R-Calif.), to the full House for consideration.

Wednesday - 07/24/2013, 10:53pm EDT

Issa releases long-awaited postal reform legislation

Rep. Darrell Issa (R-Calif.), chairman of the Oversight and Government Reform Committee, released long-anticipated legislation Friday aiming to reform the finances of the ailing U.S. Postal Service. Issa updated an earlier discussion draft of his bill with several proposals originally floated by Democrats.

Friday - 07/19/2013, 07:40pm EDT

Postal Service reform making significant progress in House

In the past few weeks, competing draft proposals have been circulating on Capitol Hill. But at a House Oversight and Government Reform Committee hearing Wednesday, Chairman Darrell Issa (R-Calif.) took a step toward compromise. Issa agreed to make changes to his draft plan, including adopting several measures proposed by Ranking Member Elijah Cummings (D-Md.) in postal reform legislation he separately introduced Wednesday.

Wednesday - 07/17/2013, 09:01pm EDT

USPS settles OSHA case, agrees to improve worker protections

After an OSHA investigation found USPS electrical work violations, USPS agreed to agencywide changes in electrical work safety and training.

Tuesday - 07/16/2013, 01:07pm EDT

Postal Service needs centralized system to manage public-private partnerships

Public policy specialist Michael Kubayanda said the Postal Service would improve its partnerships with the private sector by creating a central office. USPS has a number of partnerships in different areas, including merchandise and real estate.

Wednesday - 07/03/2013, 02:54pm EDT

Postal Service closing Capitol Hill post offices in 'symbolic' move

USPS issued final determinations Wednesday to close three Capitol Hill post offices by July 21, which is expected to save about $2 million over the next 10 years. That's only a drop in the bucket in the agency's stretched-thin budget, but top House Republicans on the Administration and Oversight and Government Reform Committees hailed the move for sending a strong message.

Wednesday - 06/19/2013, 04:57pm EDT

USPS reaches energy reduction goal ahead of schedule

USPS Chief Sustainability Officer Thomas Day said the service is on target to reach many of its sustainability goals for 2015. USPS said the decline in mail volume led to the consolidation of mail distribution centers.

Monday - 06/17/2013, 05:24pm EDT
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Issa's postal reform proposal OKs 5-day delivery, modifies prefunding

House Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) released a draft postal reform bill that supports ending Saturday mail delivery and would modify how the agency pre-funds retiree health-care payments that now threaten to sink the agency into financial insolvency. Congressional postal reform efforts have remained dormant so far this year, even as the Postal Service's financial outlook has worsened.

Thursday - 06/13/2013, 07:37pm EDT

Postal Service cost-saving initiatives fast-tracked under new rule

The cash-strapped Postal Service has proposed a number of service and delivery changes to right its financial ship and says it needs more timely decisions from the commission to implement them. The commission has been criticized in the past for taking too long to issue its opinions. Of the five major cases brought before the commission since 2006, three took more than eight months to complete and one took nearly a year, according to PRC.

Tuesday - 06/11/2013, 07:21pm EDT

Post office posts $1.9 billion second quarter loss

The U.S. Postal Service said Friday it lost $1.9 billion over the last three months and warned that losses would continue to mount without help from Congress. The loss for the financial quarter ending March 31 was narrower than a $3.2 billion loss for the same period last year, thanks to slightly higher revenues and lower payments towards health benefits for workers who will retire in the future.

Friday - 05/10/2013, 03:10pm EDT
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