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Search Tags:  USPS

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.

Tags: Federal Drive , management , Joseph Corbett , Ellis Burgoyne , Michael OConnell

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.

Tags: retirement , benefits , FERS , CSRS , Federal Drive , Michael OConnell , inspector general

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.

Tags: retirement , pay and benefits , workforce , Esther Carey , phased retirements

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

Tags: pay and benefits , retirement , buyouts , Congress , budget battle , furloughs , GSA , Joseph Beaudoin , NARFE , Stephen Losey , Sean Reilly , Federal Times , Mike Causey , Your Turn

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

Tags: pay and benefits , retirement , wills , powers of attorney , trusts , Federal Times , Stephen Losey , TSP , buyouts , Mike Causey , Your Turn , Tom ORourke

Wednesday - 05/30/2012, 09:31pm EDT
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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.

Tags: pay and benefits , retirement , workforce , buyouts , budget , National Postal Mail Handlers Union , John Hegarty

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

Tags: pay and benefits , retirement , federal salaries , Bill Bransford , Senior Executives Association , Federal Times , Steve Watkins , Stephen Losey , Your Turn , Mike Causey

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.

Tags: budget , Patrick Donahoe , Ruben Gomez , NPMHU , APWU

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

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

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.

Tags: buyouts , retirement , pay and benefits , workforce , Congress , House , Senate , Darrell Issa , Patrick Donahoe

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