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New program for Postal Service employees and retirees As of Jan. 1, current and former U.S. Postal Service employees are no longer covered under the Federal Employee Health Benefits Program.
Advocates for the U.S. Postal Service have scored a ... a requirement that the agency pre-fund retirees' health care and benefits. ... and postal advocates can celebrate the new bill. ...
Title VIII established the Postal Service Retiree Health Benefits Fund (PSRHBF) and established a payment schedule that determined how much the Service owed at the end of each fiscal year. For the first ten years after the bill was passed, the scheduled payments ranged between $5.4 billion to $5.8 billion.
The Postal Service Reform Act of 2022 is a federal statute intended to address "the finances and operations of the U.S. Postal Service (USPS)", [1] specifically to lift budget requirements imposed on the Service by the Postal Accountability and Enhancement Act [2] and require it to continue six-day-a-week delivery of mail. [3]
On Thursday, July 30, 2009, the Senate Homeland Security and Governmental Affairs Committee voted, 12–1, in favor of S. 1507 (Postal Service Retiree Health Benefits Funding Reform Act of 2009), which would provide financial relief to the Postal Service.
The Federal Employees Health Benefits (FEHB) Program is a system of "managed competition" through which employee health benefits are provided to civilian government employees and annuitants of the United States government. The government contributes 72% of the weighted average premium of all plans, not to exceed 75% of the premium for any one ...
The NALC is opposed to postal privatization and to any termination of the USPS postal monopoly on first-class mail, as well as to contract delivery service (CDS), the contracting out of postal work to non-USPS independent contractor employees (see Star routes), who have lower wages (and fewer benefits or none at all) than USPS employees. [11]
Mail theft has been on the rise. More than 400 letter carriers were robbed in the 2022 fiscal year, and more than 300 were robbed just in the first half of the 2023 fiscal year.. The United States ...