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Postal Service

Bill Would Require A/C in All Postal Trucks

FedSmith.com author Ian SmithBy Ian SmithMarch 18, 2019 11:44 AM Categories Agency News Leave a comment

Should all Postal delivery vehicles be required to have air conditioning? One Congressman is pursuing it after an employee died from heat exhaustion last summer.

Postal Service Loses $1.5 Billion in Q1

FedSmith.com author Ian SmithBy Ian SmithFebruary 8, 2019 10:44 AM Categories Agency News Leave a comment

The Postal Service’s financial losses continued in the first quarter of FY 2019 in which it reported a net loss of $1.5 billion.

Legislation Reintroduced to Provide Appeal Rights to Postal Employees

FedSmith.com author Ian SmithBy Ian SmithUpdated: February 5, 2019 8:11 AM Categories Human Resources Leave a comment

Legislation has been reintroduced to extend MSPB appeal rights to some Postal employees.

Task Force Recommends No More Pay Bargaining for USPS

FedSmith.com author Ian SmithBy Ian SmithUpdated: December 12, 2018 1:00 PM Categories Agency News Leave a comment

The Postal Service Task Force suggests changes such as reforming pay and adding new revenue streams to shore up the agency’s ailing finances.

16 Postal Workers Sentenced for Accepting Bribes to Deliver Cocaine through the Mail

FedSmith.com author Ian SmithBy Ian SmithNovember 30, 2018 9:48 AM Categories Court Cases Leave a comment
$100 bills, handcuffs and a judge's gavel sitting on a green background depicting a conviction of a money related crime

A group of 16 Atlanta area postal workers were sentenced to prison for taking bribes to deliver packages of cocaine for drug traffickers.

Postal Service Now Going on 12 Years of Losses

FedSmith.com author Ian SmithBy Ian SmithNovember 14, 2018 2:00 PM Categories Agency News Leave a comment
Downward trending bar graph with an image of a $100 bill on the background and a large red downward trend line arrow depicting financial losses/debt/red ink

The Postal Service has suffered 12 straight years of net losses with the announcement of its FY 2018 financial results.

Postal Manager Arrested for Selling Stamps to Fund Gambling Habit

FedSmith.com author Ian SmithBy Ian SmithOctober 11, 2018 11:57 AM Categories Agency News Leave a comment
Two dice sitting on top of a spread of cash depicting casino gambling

A Postal Service manager has been arrested on charges that he stole over $600,000 worth of stamps to fund his gambling activities.

Postal Service Proposes Shipping Price Hikes

FedSmith.com author Ian SmithBy Ian SmithOctober 10, 2018 4:28 PM Categories Agency News Leave a comment
Cardboard shipping box with a bag full of cash denoted by a dollar sign ($) being placed inside of it

The Postal Service has taken the first major step towards enacting price increases for its services.

How I Met Oprah Winfrey

FedSmith.com author Meiko S. PattonBy Meiko S. PattonOctober 4, 2018 11:16 AM Categories Leadership Leave a comment
Meiko Patton pictured with Oprah Winfrey

The author recounts how a postage stamp helped her overcome depression, ultimately leading her to meet Oprah Winfrey.

The ‘Unsustainable Path’ of USPS Retiree Health Benefits

FedSmith.com author Ian SmithBy Ian SmithOctober 2, 2018 3:54 PM Categories Agency News, Retirement Leave a comment
Word 'insolvent' written in large red letters across a spreadsheet on a desk next to a calculator depicting bankruptcy or dire finances

How bad is the financial condition of the Postal Service’s retirement fund? A new GAO report analyzes the situation.

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Daily TSP Rates

June 27, 2022

Fund Last % YTD
G Fund $16.9244 +0.02% +1.12%
F Fund $18.5924 -0.35% -10.98%
C Fund $59.3180 -0.29% -17.55%
S Fund $62.7862 -0.11% -24.75%
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L 2030 $38.5536 -0.13% -11.52%
L 2035 $11.4511 -0.15% -12.74%
L 2040 $42.8803 -0.16% -13.89%
L 2045 $11.6316 -0.18% -14.93%
L 2050 $25.2591 -0.19% -15.87%
L 2055 $12.1492 -0.20% -18.37%
L 2060 $12.1482 -0.20% -18.37%
L 2065 $12.1470 -0.20% -18.38%
Get detailed TSP data at TSPDataCenter.com

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