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There is no chart, because military retirement pay is calculated individually based upon a service member's date of initial entry into the military, choice of retirement plan (if they had a choice), ...
Some who work on postal reform legislation estimate that as many as 150,000 USPS employees could retire today, and another 100,000 could be eligible in the next four years.
The U.S. Postal Service took another step that demonstrates its abysmal financial state when it suspended its contribution to the defined-benefit portion of the Federal Employees Retirement System ...
About 550,000 full-time career federal government and U.S. Postal Service could hang it up and move on at anytime because they are eligible to retire, according to statistics obtained Thursday.
The U.S. Postal Service hopes to receive another deferral this week from Congress on a multibillion-dollar payment to prefund retirees' health benefits. Congress expects to pass a measure soon to ...
Postmaster General Louis DeJoy told Congress in a letter Thursday that the USPS aims to eliminate 10,000 jobs using a voluntary early retirement program over the next 30 days to reduce costs at ...
But a spokesman for the struggling agency reiterated on Thursday that USPS will not be able to pay its $5.5 billion health care bill, even if it is pushed back to Aug. 1.
June 23, 2011 — -- A U.S. Postal Service decision to suspend employer contributions to a postal worker retirement account is causing alarm among its employees. "It was sheer chaos on the work ...
The USPS’ new compensation system has cut pay by tens of thousands of dollars while requiring rural letter carriers to work even longer hours.
Retired city carriers will be eligible to earn $15.68 per hour. There will be no reduction or offset in their retirement pay if they return to the Postal Service.
A top government watchdog has cast doubt on assertions that the U.S. Postal Service paid tens of billions of dollars too much into a federal retirement program. The Government Accountability ...