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Some 200,000 mail carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide workers with air-conditioned trucks. The new agreement, which still needs to be ratified by union members, runs through Nov. 2026.
USPS proposes changes to save $3B per year, starting in 2025 By DAVID SHARP Associated Press The U.S. Postal Service wants to save $3 billion annually on changes that reflect its greater reliance on streamlined regional networks — while retaining local mail delivery times of one to three days and track some delivery schedules with greater ...
The U.S. Postal Service wants to save $3 billion annually on changes that reflect its greater reliance on streamlined regional networks — while retaining local mail delivery times of one to ...
USPS mail carriers reached a tentative contract to include pay raises and air-conditioned trucks — the agreement still needed to be ratified by union members, and runs through Nov. 2026.
Another pay increase of 4.5% was given to military members as part of the 2025 National Defense Authorization Act. Earlier this year, a pay raise of 5.2% on average was given to federal employees ...
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 board generally meets once a month. Each January, the governors elect a chairman and a vice-chairman. Each governor receives $300 per day for not more than 42 days of meetings each year and travel expenses, in addition to an annual salary of $30,000.
Some 200,000 mail carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide workers with air-conditioned trucks. The new agreement, which still needs to be ratified by union members, runs through Nov. 2026.