WASHINGTON - The U.S. Postal Service (USPS) said on Wednesday it is offering early retirement to non-union employees as it consolidates postal districts in an effort to stem billions in red ink. The ...
Helping the cash-strapped Postal Service by drawing money from federal retirement and health insurance funds could jeopardize those accounts and result in an indirect taxpayer subsidy to the ...
The U.S. Postal Service is by law forced to use a lower risk, but also potentially lower return, strategy than its foreign counterparts when investing employees’ retirement assets, according to a new ...
WASHINGTON - Continuing its cost-cutting efforts, the U.S. Postal Service is planning to offer early retirement to thousands of employees at the management and executive levels, according to a group ...
WASHINGTON — In lackluster economic times, not even postal workers enjoy much of a security envelope. Faced with losses that could near $1.5 billion this year, the U.S. Postal Service is offering ...
Through rain and snow, spiraling gas prices and an economy best represented by an arrow pointing downward, the U.S. Postal Service must fulfill its mission: to serve every household and business in ...
The U.S. Postal Service spent $6 billion on retirement benefits in fiscal 2013, and the agency thought that was too much. USPS asked its inspector general’s office to evaluate its retirement packages ...
Battered by the economy, the post office is offering early retirement to 150,000 workers, cutting management and closing offices, the agency said Friday. The Postal Service lost $2.8 billion last year ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WOODLAND HILLS, Calif. – A 63-year-old ...
GREENSBORO, N.C. — Editor's Note: Video from Oct. 2021, features Triad woman's delivery as it travels to 10 cities and overseas before arriving back on doorstep. A postal worker got a surprise while ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WOODLAND HILLS, Calif. — A 63-year-old ...