POSTAL RETIREE HEALTH BENEFITS Unsustainable Finances Need to Be Addressed The financial outlook of the Postal Service Retiree Health Benefits Fund (RHB Fund) is poor. At the end of fiscal year 2017, the fund’s assets declined to $49.8 billion and unfunded liabilities rose to $62.2 billion. Based on Office of Personnel Management (OPM) projections requested […]
Do you know a retired craft employee who may like to make some extra money for the holidays? If so, help spread the word about this special opportunity for annuitants! Temporary employees must be available to work between November 24, 2018 and January 4, 2019. Retired postal employees have the knowledge, community connection, and ability […]
NARFE reacts to the unfair proposed legislation in the Senate to reform the postal service Alexandria, Va. – National Active and Retired Federal Employees Association (NARFE) President Richard G. Thissen issued the following statement today, expressing disappointment with both the introduction of the Postal Reform Act of 2018 by Sens. Tom Carper, D-DE; Heidi Heitkamp, […]
10/4/2017 Alexandria, VA – The Office of Personnel Management (OPM) today announced the average Federal Employees Health Benefits (FEHB) Program premium for America’s retired and active federal workers will increase 4.0 percent in 2018, with the average enrollee’s share rising 6.1 percent. In response, Richard G. Thissen, president of the National Active and Retired Federal […]
The following is updated information on USPS hiring retirees and Holiday Clerks for the upcoming “peak season” … The pay rate is slightly higher than previously reported. Summary: Hundreds of “Annuitant Holiday Clerk Assistant” and “Holiday Clerk Assistant” jobs are listed at USPS.com/Careers. The pay is $16.98 per hour. The deadline to apply is September […]
10/20/2016 – The APWU has joined with 74 other organizations to urge Congress to correct an outrageous disparity, Retirees Department Director Nancy Olumekor reports. Unless the legislature takes action, a miniscule 0.3 percent 2017 cost-of-living adjustment (COLA) for millions of retirees will result in a substantialreduction in the annuities of hundreds of thousands of postal […]
From PostalReporter.com reader: Have you listened to this? Postal Service Health Benefits and the FEHBP All postal retirees and future postal retirees should. If the Postal Service Reform Act (H.R. 5714) passes, a retired postal couple would be hit with an extra $4,000 per year in health insurance premiums for Medicare Part B and Part […]
APWU and USPS “agreed to a “one time modification to change the 2016 peak exception period in Function 1 from November 12, 2016 through January 6, 2017. In Function Four, HCAs [Holiday Career Assistants] will be hired from November 12 through December 23, 2016 or November 26, 2016 through January 6, 2017. This does not […]
06/08/2015 – Postal retirees may be among those affected by a breach in the computer system of the Office of Personnel Management (OPM), Retirees Department Director Judy Beard reports. OPM announced June 4 that the records of 4 million current and former federal employees were compromised in a cyber attack the agency discovered in April. […]
From various news sources COLA increase =$22 The U.S. government will raise benefits for Social Security beneficiaries by 1.7% in 2015, the Social Security Administration said today. This is the third consecutive year in which the increase will be under 2%. The agency said it expects to send out checks to about 64 million people […]