Search Tags:  Patrick Donahoe

Postal workers ratify contract with 3.5 percent raise

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.

Tags: USPS , APWU , Cliff Guffey , union contract , pay and benefits , pay raise , COLA , health contributions , Jolie Lee ,

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USPS makes a case for debt relief

The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees' Retirement System. Republicans say USPS needed to do much more to "right-size" its costs and operations.

Tags: management , pay and benefits , Congress , USPS , Darrell Issa , Louis Giuliano , James Miller , American Postal Workers' Union , FERS , Dennis Ross , Ed Towns , Gerry Connolly , John Buckner

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USPS makes a case for debt relief

The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees' Retirement System. Republicans say USPS needed to do much more to "right-size" its costs and operations.

Tags: management , pay and benefits , Congress , USPS , Darrell Issa , Louis Giuliano , James Miller , American Postal Workers' Union , FERS , Dennis Ross , Ed Towns , Gerry Connolly , John Buckner

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USPS to defend union contract

The Postal Service will save more than $3 billion over the next several years under a labor agreement it negotiated with one of its largest unions, Postmaster General Patrick Donahoe will tell Congress Tuesday. House lawmakers have called a hearing to examine the deal with the American Postal Workers Union and other USPS workforce issues.

Tags: management , pay and benefits , Congress , USPS , Darrell Issa , House Committee on Oversight and Government Reform , Jared Serbu

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USPS cuts 7,500 jobs, offers $20,000 buyouts

The Postal Service will offer $20,000 early retirement incentives to administrative employees, who must make a decision on whether to leave USPS by late April. RIF notices will be issued on May 25 to any affected employees who do not voluntarily retire or move to a lower grade.

Tags: USPS , RIF , management , pay and benefits , Postal Regulatory Commission , Anthony Vegliante , cost cutting , budget , Jared Serbu

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USPS Postmaster: delivery day must be cut

The first step USPS plans to make to address its financial crisis is reduce operating costs by reducing its workforce. Postmaster Patrick Donahoe gives us some details about what comes after that.

Tags: Federal Drive , USPS , management , pay and benefits , postmaster , RIF , VERA , Suzanne Kubota

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USPS shrinks workforce, changes pension

Patrick Donahoe became the 73rd Postmaster General Friday, assuming control of the Postal Service in the midst of a fiscal crisis. Donahoe said USPS will reduce its workforce by another 7,500 people in 2011. Still, he's optimistic about the future. In the short term, however, the reality is that postal workers are likely to suffer while the agency tries to balance its books.

Tags: pay and benefits , management , pay freeze , USPS , retirement , FERS , CSRS , Tom Carper , POST Act , Meg Beasley

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