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11:02 am, July 11, 2014

USPS News

Lawmakers 'committed' to postal reform in new Congress

Sen. Tom Carper (D-Del.), the chairman of the Senate Homeland Security and Governmental Affairs Committee, and Rep. Darrell Issa (R-Calif.), the chairman of the House Oversight and Government Reform Committee, said they were committed to working together to pass postal reform legislation in the new Congress. Postmaster General Patrick Donahoe renewed his call for congressional action, saying the agency faces an "unsustainable" financial path.

Thursday - 01/03/2013, 06:06pm EST

FEHBP open season

Walton Francis, author of the Consumer's Checkbook Guide to Federal Health Plans, will provide tips on what to look for when choosing your health benefits.
November 28, 2012

Thursday - 11/29/2012, 12:08am EST
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Postal chief lays out plan for agency survival

The head of the financially struggling U.S. Postal Service says the agency must be allowed to ease the terms of prepayments into a retiree health care fund and eliminate general mail delivery on Saturday.

Wednesday - 11/28/2012, 08:34am EST

New technologies key to Postal Service revitalization

From digitization of mail to GPS tracking, the Postal Service is investing in new technologies to help it grow revenue. Ellis Burgoyne, the agency's chief information officer, says his department is concentrating on five main projects in 2013 that will help the Postal Service cut costs while improving efficiency and customer service. USPS ended fiscal 2012 with $15.9 billion of debt.

Wednesday - 11/21/2012, 02:18am EST
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Postal Service pension surplus shrinks as Donahoe renews call for legislation

Surplus payments the Postal Service made to the Federal Employee Retirement System are much smaller than once thought. Last year, the surplus was estimated to be $11.4 billion. But because of a reduction in projected long-term interest rates, OPM estimated the surplus would drop to $2.6 billion. SPS had wanted to use those overpayments to pay down some of its debts

Thursday - 11/15/2012, 08:40pm EST
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Post office reports record loss of $15.9B for year

The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion and forecast more red ink in 2013, capping a tumultuous year in which it was forced to default on billions in payments to avert bankruptcy.

Thursday - 11/15/2012, 04:23pm EST

Open season, Medicare part B, Petraeus, & sequestration

Federal health benefits expert Walton Francis will talk about FEHBP open season, and Federal Times reporter Sean Reilly will discuss sequestration and other issues affecting federal workers.
November 14, 2012

Wednesday - 11/14/2012, 06:09pm EST
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New marketing chief helps USPS practice what it preaches

Nagisa Manabe hasn't spent her entire career with the Postal Service but, after just six short months, she's making her presence known. Under her direction, the agency has committed to spending 15-20 percent of its marketing dollars on direct mail the same amount it recommends to its own customers. Her goal getting the Postal Service out of the red through the development of new innovative products and the use of effective marketing techniques. The new chief marketing and sales officer brings with her a career's worth of experience from the private sector including jobs with powerhouse companies like Coca-Cola, Campbell's Soup and the liquor industry.

Wednesday - 11/14/2012, 03:10am EST
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Medicare Part B and the presidential election

NARFE's David Snell joins host Mike Causey to talk about best health care buys for federal retirees. Sean Reilly from the Federal Times will discuss the presidential election and its impact on feds.
November 7, 2012

Wednesday - 11/07/2012, 08:18pm EST
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No new buyouts on Postal Service horizon

The U.S. Postal Service will not be offering any new buyouts in the near future, according to Anthony Vegliante, the agency's chief human resources officer. USPS offered three different buyouts in 2012. In an exclusive interview with Federal News Radio, Vegliante said the Postal Service will drop to around 500,000 employees by the end of January due to multiple consolidation efforts at the agency.

Wednesday - 11/07/2012, 01:16pm EST
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USPS countersues Northrop Grumman for contract overruns

Nearly six months ago, Northrop Grumman filed a $179 million lawsuit against the U.S. Postal Service, alleging the agency delayed and disrupted its work on a multimillion-dollar contract to create and install high-tech mail sorters. Now, USPS has countered those claims, alleging the company actually owes it millions of dollars because the contract ran over schedule, according to documents obtained by Federal News Radio.

Friday - 11/02/2012, 08:25pm EDT

Postal workers take 'extraordinary measures' to deliver mail after Sandy

Thousands of postal workers in New York and New Jersey are still doing their jobs in the face of flooding, power outages and fuel shortages after the superstorm Sandy hit the East Coast this week.

Friday - 11/02/2012, 01:18pm EDT
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Postmaster General urges quick action in lame duck session

Postmaster General Patrick Donahoe says his number one priority is seeing legislation passed in the upcoming lame-duck session of Congress that will help the U.S. Postal Service get out of debt. In an exclusive interview with Federal News Radio, Donahoe details the latest on the agency's financial situation, buyouts, the consolidation of mail processing centers, and its plan to cut window hours at half of its post offices across the country.

Thursday - 11/01/2012, 03:38am EDT
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USPS aims to deliver mail in DC after Hurricane Sandy

Postal Service employees will attempt to deliver mail the day after superstorm Sandy hit the D.C. region.

Monday - 10/29/2012, 12:01pm EDT

Open season means more than choosing health insurance

John Montague talks about life insurance and Sean Reilly discuses the U.S. Postal Service's finances and more this week on Your Turn.

Wednesday - 10/24/2012, 02:00am EDT
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USPS hits borrowing limit for first time

The U.S. Postal Service hit its $15 billion borrowing limit for the first time late last month, the agency confirmed. The Wall Street Journal first reported earlier this week that the USPS reached the limit on the amount of money it can borrow from the Treasury Department and is now dependent solely on its own revenue to sustain operations.

Thursday - 10/18/2012, 08:09pm EDT

USPS pension surplus due to wrong salary assumptions, IG finds

Currently, more than 70 percent of postal craft employees have already reached the top of their pay scale, according to the USPS Office of the Inspector General.

Wednesday - 10/17/2012, 02:37pm EDT

$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.

Thursday - 10/04/2012, 02:00am EDT

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

Wednesday - 10/03/2012, 07:19pm EDT
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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.

Monday - 10/01/2012, 07:50pm EDT
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