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The Postal Accountability and Enhancement Act (PAEA) or the Postal Act of 2006 is a United States federal statute enacted by the 109th United States Congress and signed into law by President George W. Bush on December 20, 2006. [1] It was meant to overhaul the United States Postal Service (USPS
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
The American Postal Workers Union (APWU) is a labor union in the United States. It represents over 200,000 employees and retirees of the United States Postal Service who belong to the Clerk, Maintenance, Motor Vehicle, and Support Services divisions. It also represents approximately 2,000 private-sector mail workers.
The U.S. Senate voted overwhelmingly on Tuesday to provide the long loss-making Postal Service (USPS) with about $50 billion in financial relief over a decade and require its future retirees to ...
Prior to the Postal Reorganization Act of 1970, the United States Postal Service was a federal executive department under the name Post Office Department, and the Postmaster General was member of the Cabinet. The rate of postal pay was set by the Congress by federal law, meaning that the Postal Service and its employees were deeply affected by ...
The Postal Service reported that revenue from shipping and packages, now the largest segment of its business by revenue, edged up 1% to $31.6 billion, even as the volume fell by 2%.
On September 30, 2009, the House of Representatives and Senate passed and signed into law H.R. 22, reducing the amount the United States Postal Service pays into the Postal Service Retiree Health Benefits Fund from $5.4 billion to $1.4 billion. PMG Potter continued to unveil a plan to eliminate Saturday mail delivery, regardless.
The bill had bipartisan support, passing the House 342-92 and the Senate 79-19. The National Association of Letter Carriers, another key representative of postal employees, has also praised the ...