Special Announcements

Postal Pulse

Wed, 03/25/2015 - 9:16am

Payment to FERS Suspended

Wed, 06/22/2011 - 11:37pm

 

June 22, 2011
 
Dear Local and State Presidents:
 
The American Postal Workers Union is working fervently to make certain that the Postal Service's decision to suspend employer contributions to FERS does not negatively affect the hard-working men and women who sort and deliver the nation's mail. We will take every step necessary to ensure that retirement benefits are protected. We are currently evaluating the best course of action.
 
There is a solution to the Postal Service's financial crisis:
  • " The USPS has overfunded its FERS and CSRS retirement accounts by billions of dollars;
  • " It is the only employer - public or private - that is required to pre-fund the healthcare benefits of future retirees. This obligation drains more than $5 billion annually from the USPS budget, and is the principal cause of the Postal Service's dire financial circumstances.
Congress must act now to correct these inequities. It can start by passing H.R. 1351, which would allow the Postal Service to apply pension overpayments to the pre-funding obligation. This bill would provide the USPS relief from its financial crisis at no cost to taxpayers.
 
The Postal Service's financial predicament is the result of flawed legislation (the Postal Accountability and Enhancement Act of 2006) that Congress can and must correct.
 
Postal workers did not cause USPS financial problems and our retirement benefits should not be jeopardized to solve them. The APWU received the attached information from the Postal Service today, June 22.
 
In solidarity,
 
Cliff Guffey President 

Guffey Encourages Postal Veterans To Spread the Word About New Job Opportunities

Mon, 06/06/2011 - 7:09pm

 

APWU President Cliff Guffey is encouraging postal workers who have served in the armed forces to reach out to fellow veterans and encourage them to take advantage of new hiring opportunities.

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