Postal Service Loses Far Less Money in Q2 2021 Than in Previous Year
Although it reported a net loss in the second quarter of 2021, the Postal Service’s quarterly financial results improved significantly over last year.
Postal Service
Postal Service Mail Carrier Removed for On-Duty Drug Transaction
Postal employees removed after buying drugs from a co-worker all challenged their removals, but only some were successful mitigating the penalty. Which strategy fared the best?
Contractor Indicted for Stealing Over $1 Million from the Postal Service
A federal contractor has been indicted for allegedly stealing over $1 million from the Postal Service via a 3+ year scheme.
Formal Guidance Expected Soon on Emergency Paid Leave Benefit
A Postal Service memo says that OPM will be issuing guidance soon on the new COVID-19 emergency leave benefit for federal employees.
USPS Reports Net Income of $318 Million in Q1
The Postal Service has reported a net quarterly profit for the first time in quite a while, but the good news may not last.
Another Attempt Being Made to End USPS Pre-Funding Mandate
Another effort is being made in Congress to end the pre-funding mandate for USPS retiree health benefits.
COVID-19 Weighs on Postal Service’s FY 2020 Finances
The Postal Service reported a net loss of over $9 billion in FY 2020 amid economic challenges from the COVID-19 pandemic.
Postal Service Not Implementing Payroll Tax Deferral
The Postal Service announced that it has elected not to implement the payroll tax deferral for its employees.
Playing Politics with the Postal Service
A new report says that the recent politicization of the Postal Service is detracting from addressing the real problems facing the agency.
Report: Nearly Half of Postal Service Employees Had ‘Unauthorized Overtime’ Last Year
An IG report found that the Postal Service has a growing problem with costs stemming from what it calls “unauthorized overtime.”
