It’s Official: APWU, USPS Sign New Contract

APWU President Cliff Guffey and Postmaster General Patrick Donahoe have signed the 2010-2015 Collective Bargaining Agreement. Their signatures formalize the new contract, which was ratified by APWU members on May 11.

“I am pleased that we were able to negotiate a contract that will strengthen the Postal Service for the future and protect the job security of union members,” Guffey said.

A permanent printed version of the contract will be finalized soon. The union will post a notice on when it is available. Two charts showing the effective dates of various provisions of the contract are posted. One chart is organized by topic [PDF]; the other is organized by date [PDF].

“Now it is time for the members of Congress to do their part and correct the funding inequities that are driving the Postal Service toward insolvency,” Guffey said. “I encourage every APWU member to contact their senators and representative and ask them to take action now.”

Pending Legislation

The APWU supports H.R. 1351, a bill introduced in the House of Representatives by Rep. Stephen Lynch (D-MA), which instructs the Office of Personnel Management (OPM) to recalculate USPS payments to its pension accounts using updated methodology. Independent actuarial studies have concluded that as a result of improper funding formulas, the USPS has overpaid the Civil Service Retirement System (CSRS) by $50 billion to $75 billion. Overpayments to the Federal Employees Retirement System (FERS) are estimated at $6.9 billion.

Under the terms of H.R. 1351, if overpayments are found during OPM’s recalculation, the surplus would be transferred to the Postal Service. OPM would also be required to refund the USPS any money it overpaid to its FERS account. The Postal Service could then use this money to meet its pre-funding requirements.

A similar bill, S. 1010, introduced by Sen. Tom Carper (D-DE), would permit the USPS to use overpayments to its pension accounts to meet obligations to pre-fund the healthcare liabilities of future retirees, but it also contains several negative provisions. The proposed legislation would give the Postal Service authority to close post offices solely for financial reasons, and would require arbitrators to consider the financial health of the USPS when contract negotiations end in arbitration. The APWU will continue to work with senators and their staff to address the issues in this measure that are of concern to our members.

  • Dan

    Bend over….it’s now official

  • Swampdog

    The lowest point in APWU history. I feel badly for the postal employees of the future. This contract is a disgrace.

  • cat

    Swampdog, what makes you think there will be any employees in the – far – future? You have to take what you can get, at this point.

  • Bernie

    Old timers voted yes, now I would like to see their faces
    when they get abolished and the new posting will be only
    30 hours a week, suckers too late baby

  • Gregg

    30 year APWU member,and Swampdog is spot on.This contract is a disgrace.But the wooden heads who came up with it,only want one thing.They want CSRS employees to put in their paperwork and get outta Dodge.Then,they can hire this more flexible,lower paid workforce that these clowns envision.I’m sure the new hires will be well trained!!!What a friggin joke.And it goes on and on and on,with no end in sight.Except maybe Sep 30th.When we fail to meet our obligations to pay up!!This will also include several people we have contracts with like Fed-Ex,UPS,Hewlitt Packard etc..Unless something is done in the House,or maybe OPM could be a little more flexible,the USPS will be BANKRUPT on that day.Employees may or may not be paid.You can bet your ass that management will be paid first!!The only thing we have to offer is service.The USPS of the future will change their will be”The only thing we have to offer is lower pay,less service,fewer Post Offices,untrained workers,slower delivery,still to much management,wooden heads at the top etc…If the above scenerio plays out,The USPS will not survive!!

  • Gregg

    And Bernie,I voted NO!!