Former Senior Research Fellow in Retirement Security and Financial Institutions David is a former Senior Research Fellow in Retirement Security and Financial Institutions. Abstract: Calls to refund ...
How can FedEx Corp. (NYSE: FDX) and UPS Inc. (NYSE: UPS) benefit from the U.S. Postal Service's (USPS) pension-funding challenges? As many know, USPS sets aside about $5.5 billion a year to pre-fund ...
Patrick Donahoe, postmaster general, on Tuesday asked a Senate panel to allow the U.S. Postal Service to hold off on making required contributions to the federal pension system and to switch new hires ...
Seemingly arcane and boring issues can sometimes have startling implications. Recently, the President's Commission on the United States Postal Service recommended that the Service turn over ...
The U.S. Postal Service was overcharged by $75 billion for payments to Civil Service Retirement System (CSRS) retirees from 1972-2009, according to a study released by the Office of Inspector General ...
In March, the U.S. House Oversight and Government Reform Committee approved a bill changing how the U.S. Postal Service (USPS) must fund pension payments for its government employees. House Resolution ...
The U.S. Postal Service was Overcharged by $75 Billion for payments to Civil Service Retirement System (CSRS) retirees from 1972-2009, according to a study released in January by the Office of ...
The coronavirus pandemic created all sorts of new problems for the U.S. Postal Service (USPS), but the most serious financial issue the agency faces was a crisis long before anyone had heard of ...
The National Association of Letter Carriers has previously the Postal Service should use its surplus -- then estimated at $11 billion -- to pay for changes needed at the agency. The U.S. Postal ...
After eight years, it’s clear most readers don’t understand the U.S. Postal Service’s dilemma. In answer to a recent letter to the editor, the reason for retirement “prepayments” is simple. The post ...
Rain, sleet and snow don’t stop the U.S. Postal Service, but cash flow problems have the mail monopoly suspending contributions to its pension plan. The USPS announced Wednesday that it has informed ...
Of the 14 seaports in real estate and logistics firm JLL Inc.'s JLL "property clock," which illustrates where each port market sits within its real estate cycle, 11 are "peaking." Of those, ...