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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 , Patrick Donahoe , Darrell Issa , Louis Giuliano , James Miller , American Postal Workers' Union , FERS , Dennis Ross , Ed Towns , Gerry Connolly , John Buckner

Wednesday - 04/06/2011, 07:46am EDT
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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 , Patrick Donahoe , Darrell Issa , Louis Giuliano , James Miller , American Postal Workers' Union , FERS , Dennis Ross , Ed Towns , Gerry Connolly , John Buckner

Wednesday - 04/06/2011, 07:46am EDT

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 , Patrick Donahoe , Darrell Issa , House Committee on Oversight and Government Reform , Jared Serbu

Monday - 04/04/2011, 07:40pm EDT
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Buyout Predictor Guidelines

When it comes to predicting agency buyout plans, it is as simple as winning a bundle in Las Vegas or getting rich by buying low and selling high. And Senior Correspondent Mike Causey says, the winners are older feds who want out and younger people who want to keep their job, and maybe get a promotion too.

Tags: Mike Causey , pay and benefits , buyouts , Las Vegas , VERA , VSIPs ,

Monday - 04/04/2011, 06:00am EDT

Could USPS make money off of truck sensors?

A radical new plan would outfit postal service trucks "with sensors to collect and transmit information about weather or air pollutants," including radioactivity! We talk about it with the originator, the Postal Regulatory Commission's own Chief Counsel to the chairman, Michael Ravnitzky!

Tags: Federal Drive , innovation , technology , management , Michael Ravnitsky

Wednesday - 03/30/2011, 09:31am EDT
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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: RIF , management , pay and benefits , Patrick Donahoe , Postal Regulatory Commission , Anthony Vegliante , cost cutting , budget , Jared Serbu

Thursday - 03/24/2011, 03:53pm EDT
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COLA For Retirees/Pay Raise for Postals!

Just when it looked like federal workers have hit rock bottom, it turns out that two big chunks of the government family may be in for some good news. Senior Correspondent Mike Causey says there may be pay raises for some postal workers and the return of the COLA for retirees.

Tags: pay and benefits , Mike Causey , pay raise , COLA , defense , elephants

Tuesday - 03/22/2011, 04:00am EDT

How feds help feds survive the worst

The Federal Employees Education and Assistance fund survives on the kindness of federal employees to help federal employees survive disasters from furloughs to floods. We talk with Executive Director Steve Bauer. We also get an update on the latest furlough developments from Federal Times editor, Steve Watkins.

Tags: shutdown , budget , pay and benefits , FEEA , retirees , Mike Causey , Your Turn with Mike Causey , Steve Watkins , Federal Times , furlough , Steve Bauer

Wednesday - 03/16/2011, 12:00pm EDT
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USPS to reduce workforce by up to 30,000 in 2011

The U.S. Postal Service could reduce its workforce by up to 30,000 employees this year. Up to 7,500 of those positions would be eliminated as part of a redesign that USPS will announce March 25, an agency spokeswoman said.

Tags: Steve Watkins , Mike Causey , Your Turn , management , workforce reductions

Wednesday - 03/09/2011, 12:59pm EST
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USPS financial rescue may not stop 'death spiral'

Postmaster General Pat Donahoe said he's ready to announce more RIFs and without legislative help USPS will face insolvency this year. Sen. Susan Collins introduced a bill to help solve some of the challenges the Postal Services faces.

Tags: management , pay and benefits , Susan Collins , Stephen Lynch , Pat Donahoe , Darrell Issa , Dennis Ross , Senate Homeland Security and Governmental Affairs , House Oversight and Government Reform Committee , FERS , CSRS , budget , Jason Miller

Thursday - 03/03/2011, 07:00am EST
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