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The service will offer $15,000 incentive that would be paid out over two installments to retirement-eligible employees.
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.
Host Mike Causey is joined by Walton Francis, author of "The Checkbook Guide to Health Plans," to talk about what's the best health plan for you and your family.
November 16, 2011
Members of the U.S. Postal Service's largest union voted Thursday to accept a new contract that includes a 3.5 percent raise and cost-of-living adjustments over four years.