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May 4, 1994, Pittsburgh, Pennsylvania: Postal employee James A. Paulano was accidentally killed in a drive-by shooting. March 21, 1995, Montclair, New Jersey: Christopher Green, a former postal employee, killed four people, including two employees, and wounded a fifth at the Fairfield Street branch post office. While this is a postal killing ...
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]
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 USPS said it lost $9.5 billion in the fiscal year ended September 30, compared with a loss of $6.5 billion a year earlier. The postal service blamed the wider loss on billions spent on noncash ...
The Federal Employees' Group Life Insurance Act (FEGLIA) is a United States federal statute passed by the 83rd U.S. Congress and signed into law by President Dwight D. Eisenhower on August 17, 1954. [2] The act provided for a group life insurance policy for most federal employees, similar to those provided for employees of most large industries.
The USPIS has responsibility to safeguard over 600,000 [10] Postal Service employees and billions of pieces of mail transported globally each year by air, land, rail, and sea. Prior to 1996, USPIS was the only investigative agency of the Postal Service, but that changed with the creation of the USPS Office of Inspector General in 1996.
Car insurance premiums in America are through the roof — and only getting worse. But less than 2 minutes can save you more than $600/year 5 minutes could get you up to $2M in life insurance ...
During the hiring process, employees sign many documents, including life, health and welfare coverage agreements or applications for insurance. Additionally, up until 1984, certain premiums for life insurance were leveraged and deducted. Even today, when a COLI plan's death benefits are paid to an employee's family directly, the company paying ...