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The American Postal Workers Union (APWU) is a labor union in the United States. It represents over 200,000 employees and retirees of the United States Postal Service who belong to the Clerk, Maintenance, Motor Vehicle, and Support Services divisions. It also represents approximately 2,000 private-sector mail workers.
Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession, and prepaying for employee benefits as stipulated in PAEA. [14]
Cases keep cropping up as the Postal Service struggles to pay off $188 billion in debt and unfunded liabilities, accrued largely because federal law requires it to prepay retiree healthcare and ...
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states.
The NPMHU is a national organization of employees dedicated to advancing the interests of its members and their families. The primary purpose of the Union is to negotiate and enforce a National Agreement with the U.S. Postal Service, a contract that establishes wages, cost-of-living adjustments and other pay increases, working conditions, and fringe benefits for all workers within its ...
If the U.S. Postal Service was a stock, it might have the highest short interest of any on Wall Street. The good old USPS just keeps turning in losses, keeps having inverted liability coverage and ...
The National Rural Letter Carriers' Association (NRLCA) is an American labor union that represents the rural letter carriers of the United States Postal Service (USPS). The NRLCA negotiates all labor agreements for the rural carrier craft with the USPS, including salaries, and represents members of the rural carrier craft in the grievance procedure.
Prior to the Postal Reorganization Act of 1970, the United States Postal Service was a federal executive department under the name Post Office Department, and the Postmaster General was member of the Cabinet. The rate of postal pay was set by the Congress by federal law, meaning that the Postal Service and its employees were deeply affected by ...