Postal Service Reports $1.6 Billion Net Loss in Q3
For the third quarter, the Postal Service suffered a $1.6 billion net loss on $16.6 billion operating revenue.
For the third quarter, the Postal Service suffered a $1.6 billion net loss on $16.6 billion operating revenue.
The National Active and Retired Federal Employees Association has sharply criticized plans by the House of Representatives Committee on Oversight and Reform to require postal retirees, their spouses and survivors to enroll in Medicare Part B or forfeit their coverage in the Federal Employees Health Benefits Program.
The House version of a postal reform bill in Congress is better than the Senate version according to NARFE, although it thinks neither is ideal. What effect do these bills have on enrollment options in Medicare, and which federal retirees would be impacted?
A House Committee hearing last week looked at reforming the health benefits for postal employees in an effort to deal with the Postal Service’s massive and ongoing financial losses. Could moving postal workers to Medicare ultimately force other federal employees onto this system as well?
Would the Postal Service benefit from expanding into new, non-postal business areas to try to shore up its ailing finances? A new report says no.
Where is man’s best friend not really so friendly? These are the cities with the highest incidents of dog attacks on Postal workers in 2015.
According to its latest financial figures, the Postal Service experienced a net loss of $2 billion in the second quarter of FY 2016.
The Department of Labor recently finalized a rule that requires reporting of “persuader” activities and agreements meant to “directly or indirectly persuade employees concerning their rights to organize and bargain collectively.” The author explains what this new rule is and what it means for the federal workforce.
How does your federal salary compare with salaries in other federal agencies? Some agencies pay more than others.
Where are highest average salaries in the Postal Service based on geography and occupation? The answers may be surprising as some are in towns with low populations that most readers have never heard of.