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TOP NEWS STORIES |
Pittsburgh: Postal workers awarded $75 million for lost
overtime pay
"Already facing billions of dollars in losses, the United
States Postal Service was ordered earlier this year to pay $75
million in lost overtime to nearly 1,500 Pittsburgh-area union
employees. The arbitration award was paid out in the form of
checks two months ago, but at the time, neither side would
discuss it. The money is to cover the overtime pay full- and
part-time employees lost between 1994 and 2004 when the
Pittsburgh Processing and Distribution Center hired casual
clerks instead. The largest amount paid to any single person,
according to the postal service, was $85,568." -
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Postal Service Announces Short-term Supervisor Selection and
Placement Process
"For quite some time now, the Management Associations have
challenged Postal Headquarters on the significant number of
supervisor vacancies and we are, therefore, gratified that
something is finally being done about it. Please note that
this process opens on December 29. Also significant is that it
is open to all EAS and career bargaining unit employees."
- Short Term Supervisor Selection and
Placement Process (PDF) -
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NALC: 'No Way to Sugarcoat' $3.8 Billion Loss (PDF)
"Independent auditor Ernst & Young cautioned that "there
is significant uncertainty" whether the Postal Service will
have enough cash on hand to make all of its payments in the
year ahead, including the $5.5 billion retiree health benefits
payment due on the last day of FY 2010. That is the next
installment due to pre-fund future retiree health insurance
costs. The 2009 payment was reduced by $4 billion, thanks to
passage of legislation vigorously endorsed by the NALC." -
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Can the Postal Service be Saved?
"Rep. Davis said he was open to cutting Saturday service -
perhaps on a rolling basis, so that certain communities would
lack Saturday delivery once or twice a month - as well as
loosening the health benefit requirements. He also backed a
government bailout for the embattled agency if that's what it
takes to keep it afloat. "We've bailed out a lot of things,
and I think the Postal Service is probably as important in one
sense as some of the other places where we have put public
money," he said." -
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USPS Reports Net Loss of $3.8 Billion
"The U.S. Postal Service today filed its 2009 fiscal year-end
financial results, showing a net loss of $3.8 billion for the
year - despite cost-cutting efforts resulting in $6 billion in
cost savings and a $4 billion reduction in required payments
for retiree health benefits. Cost savings reflect a reduction
of 40,000 career USPS employees as well as reductions in
overtime hours, transportation and other costs." -
Accounting Change Boosts USPS Bottom Line -
USPS to Formally Propose to Congress to End
Sat. Delivery -
USPS 10-K Report (PDF) (Page 41: USPS Executive Officer
Compensation) -
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Potter insists on five-day delivery as part of Postal Service
reform
"John Potter, postmaster general and CEO of the US Postal
Service, used the open session of the November 13 USPS Board
of Governors meeting to press again for structural reform of
the agency, insisting that real reform must reduce the number
of delivery days from six to five per week." -
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PRC Investigates Suspended Post Offices (PDF)
"The Commission is concerned that post office customers
throughout the nation do not have access to local post offices
and their services due to suspensions. It is evident that
several post offices have been suspended for a number of
years, and the Postal Service apparently has taken no
effective action to reopen or close such offices." -
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