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11:19 pm, October 21, 2014

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Search Tags:  Jon Foley

USPS says overhauling health benefits key to postal reform

The cash-strapped U.S. Postal Service says it can return to being profitable and begin to pay down its debt if Congress gives it the authority to overhaul its health benefits structure. Postmaster General Pat Donahoe told the Senate Homeland Security and Governmental Affairs Committee Thursday that launching a postal-specific health care plan would help save the agency $8 billion annually through 2016.

Tags: Congress , Senate , Senate Homeland Security and Governmental Affairs Committee , USPS , Pat Donahoe , OPM , postal reform , pay and benefits , Jack Moore

Thursday - 09/26/2013, 05:45pm 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.

Tags: USPS , pay and benefits , retirement , David Partenheimer , OPM , FERS , Jolie Lee

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