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- The New Generation of Database
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- Targeting Advanced Threats: Proven Methods from Detection through Remediation
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- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
- Air Traffic Management Transformation Report
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Shows & Panels
Search Tags: USPS
Joseph Corbett, the Postal Service's chief financial officer, is filling in for Chief Information Officer Ellis Burgoyne, who is on extended sick leave.
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.
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.
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
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
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.
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
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 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
Tags: pay and benefits , postal reform , pensions , Sally Davidow , American Postal Workers Union , downsizing , Steve Watkins , Sean Reilly , Federal Times , buyouts , GSA scandal , Mike Causey , Your Turn
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.