GAO: USPS Facing ‘Critical Shortage of Liquidity’
According to a new GAO report, the Postal Service now faces a “critical shortage of liquidity that threatens its financial solvency and ability to finance needed capital investment.”
According to a new GAO report, the Postal Service now faces a “critical shortage of liquidity that threatens its financial solvency and ability to finance needed capital investment.”
Postmaster General Patrick R. Donahoe told a Senate committee this week that the Postal Service’s financial problems require Congressional intervention to change the organization’s business model.
The high-3 average pay is a basic component of an employee’s retirement contribution that federal employees often find confusing. The author offers some detailed explanation to take the mystery out of it.
Rumor has it that union official time cuts may be on the table in sequestration negotiations. Rep. Gingrey (R-GA) has a bill on the floor claiming to do just that, however, it may not.
Six House members sent a letter to President Obama today urging him to nominate four individuals to the National Labor Relations Board and work with the Senate to have them confirmed.
The House is scheduled to vote today on a bill which would eliminate the 0.5% pay increase for federal employees. How likely is it to pass?
The Federal-Postal Coalition recently sent a letter to House members asking them to allow the 0.5% pay increase for federal employees.
It’s never a good idea to send an email while you’re in a meeting.
Letter Carrier Roger Steeber was recently honored for saving the life of an elderly woman whose home was on fire.
New federal employees hired after January 1, 2013 must pay more for their retirement benefits than existing employees. Exactly how much more will they pay? The author provides some example figures.