NALC Statement on Postal Service’s 2019 Q2 Financial Report

The Postal Service’s financial report on Friday shows the Postal Service’s underlying business strength while also indicating the need to address external matters beyond USPS control. Despite increased revenue of $555 million in the first six months of Fiscal Year 2019 compared to the same period last year, USPS reported an operating loss of $909 million for the first half of 2019. Continue reading

Federal Retirement Fairness Act reintroduced with notable changes

Today, Rep. Derek Kilmer (D-WA) and Tom Cole (R-OK), introduced the Federal Retirement Fairness Act of 2019 (H.R. 2478). The bill would provide certain federal employees the opportunity to make catch-up retirement contributions for time spent as temporary employees after Dec. 31, 1988, thus making such time creditable service under the Federal Employees Retirement System, and for other purposes. Continue reading

Misdiagnosis: A Review of the Report of the White House Task Force on the Postal Service

In April 2018, President Trump issued an executive order creating a task force to evaluate the operations and finances of the U.S. Postal Service and to make recommendations for policy changes to ensure a sustainable future for the agency. The White House Task Force, comprised of the Secretary of Treasury and the Directors of the Office of Management and Budget and the Office of Personnel Management, reported its findings to the President on August 10 after just 120 days — and then issued a public report in December 2018. Continue reading