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7:41 pm, December 18, 2014

USPS News

Some advocate for banking services as USPS savior

The Postal Service should once again offer government-backed savings and accept deposits like it did in 1911, an expert said. Those services have proved to be effective money- makers in foreign postal systems, generating up to 50 percent of their revenue.

Wednesday - 06/27/2012, 06:40am EDT
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Congress running out of time to pass priority bills

Lawmakers have about 23 real work days left before the end of the fiscal year to pass USPS reform, comprehensive cyber, DoD authorization and all the 2013 spending bills. Experts hold out little hope even after the passage of the FDA bill and the expected approval of the highway legislation.

Wednesday - 06/27/2012, 05:08am EDT
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USPS executives shift to fill interim positions

Joseph Corbett, the Postal Service's chief financial officer, is filling in for Chief Information Officer Ellis Burgoyne, who is on extended sick leave.

Tuesday - 06/26/2012, 10:51am EDT

USPS overpays pension obligations by $13.1B, report says

A new inspector general audit revealed that the Postal Service has overfunded its pension benefit obligations by nearly 105 percent. While this might seem to be good news for the cash- strapped agency, legislative action will be required for USPS to get back the $13.1 billion surplus it paid into its employees' pensions.

Tuesday - 06/26/2012, 07:15am EDT

USPS offers work option to retired postmasters

Part-time work will be available to postmasters eligible for optional retirement and those under the current Voluntary Early Retirement offering. Participation will not affect annuity payments.

Monday - 06/18/2012, 06:24pm EDT

What's next for feds?

NARFE president Joseph Beaudoin and Federal Times reporters Stephen Losey and Sean Reilly join host Mike Causey to talk about a wide variety of issues affecting federal workers.
June 6, 2012

Wednesday - 06/06/2012, 10:24pm EDT
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Covering your assets

Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey.
May 30, 2012

Wednesday - 05/30/2012, 09:31pm EDT
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Federal Drive interviews -- May 29

John Hegarty, national president of the National Postal Mail Handlers Union, talks about the Postal Service's early retirement offer.

Tuesday - 05/29/2012, 09:29am EDT

USPS offers buyouts to 45,000 mail handlers

The U.S. Postal will offer buyouts and early retirements to more than 45,000 mail handlers, USPS announced Friday. Employees opting for the early-out will receive a $15,000 incentive payment half to be paid in December, and the other half to be paid in December 2013. The new buyout offers are the result of "in depth discussions" between USPS and the National Postal Mail Handlers Union and an agreement that was inked Tuesday.

Friday - 05/25/2012, 07:40pm EDT
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Fed salaries, USPS, and more

Host Mike Causey will talk about several issues affecting federal workers with Bill Bransford, general counsel of the Senior Executives Association and Steve Watkins and Stephen Losey of the Federal Times.
May 23, 2012

Wednesday - 05/23/2012, 08:09pm EDT
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USPS moves ahead with closings, staff reductions

The nearly bankrupt U.S. Postal Service is moving ahead with plans to close and consolidate 229 mail-processing facilities. Postmaster General Patrick Donahoe (pictured) said the postal service can no longer wait for Congress to decide how to cut postal costs, and the processing network had simply become too big and too costly. The consolidations are expected to reduce the USPS workforce size by 28,000 employees.

Thursday - 05/17/2012, 02:11pm EDT
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Postal shakeup, pensions, GSA fallout

Host Mike Causey will talk postal reform and other issues with Sally Davidow of the American Postal Workers Union, and Steve Watkins and Sean Reilly of the Federal Times.
May 16, 2012

Wednesday - 05/16/2012, 08:23pm EDT
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USPS to offer buyouts to 21,000 postmasters

As part of a cost-savings plan designed to halt the closings of rural postal facilities, the U.S. Postal Service said it would offer $20,000 buyout incentive payments to 21,000 full-time postmasters.

Wednesday - 05/09/2012, 08:44pm EDT

Retirement wave and more

Federal News Radio's Julia Ziegler and Jolie Lee and Sean Reilly of the Federal Times will discuss a wide range of issues affecting workers in the federal government.
May 2, 2012

Wednesday - 05/02/2012, 08:14pm EDT
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Senators ask USPS to delay post office closings

The four sponsors of postal reform legislation in the Senate are asking the Postal Service to delay closing post offices and mail processing facilities until the new law is in place.

Wednesday - 05/02/2012, 11:01am EDT

All things federal

Host Mike Causey will talk about the top federal stories with Federal Times reporters Stephen Losey and Sean Reilly.
April 25, 2012

Wednesday - 04/25/2012, 11:45pm EDT
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Senate OKs postal reform bill

The Senate approved a bipartisan bill Wednesday aiming to restructure the cash-strapped U.S. Postal Service. The final bill refunds USPS overpayments to the federal retirement system and clears the way for the agency to reduce its workforce by 100,000 positions but throws several hurdles in the agency's path toward closing underused postal facilities.

Wednesday - 04/25/2012, 07:04pm EDT

Senate OKs postal amendments to limit conference spending, stave off closures

In a marathon series of votes Tuesday, the Senate considered more than a dozen amendments to a postal reform bill, approving a provision to limit all federal agencies' spending on conferences, but voting down an amendment expanding the federal workers' compensation program. Lawmakers also rejected an amendment that would have required retirement-eligible USPS employees to retire without a buyout payment. The Senate will resume voting on amendments Wednesday at 2 p.m. before voting on a final version of the 21st Century Postal Service Act.

Tuesday - 04/24/2012, 10:11pm EDT

Postal bill amendment seeks to cut backlog ahead of USPS retirement 'deluge'

An amendment to a Senate bill aiming to restructure the U.S. Postal Service's financial framework would institute new agency reporting requirements for retiring federal workers in anticipation of a "deluge of retirees" from USPS. Sens. Mark Warner (D-Va.) and Barbara Mikulski (D-Md.), introduced an amendment last week that requires the Office of Personnel Management to take new steps to chip away at the longstanding backlog of federal retirement claims.

Monday - 04/23/2012, 04:56pm EDT
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The Incredible Shrinking Postal Service

Even if you never, or hardly ever, go to a Post Office there's a good chance you went there Tuesday to mail your taxes, and get an SOS from some worried postal employees, Senior Correspondent Mike Causey says.

Thursday - 04/19/2012, 02:00am EDT
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