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Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession, and prepaying for employee benefits as stipulated in PAEA. [14]
The 2020 United States Postal Service crisis was a series of events that caused backlogs and delays in the delivery of mail by the United States Postal Service (USPS). The crisis stems primarily from changes implemented by Postmaster General Louis DeJoy shortly after taking office in June 2020.
Accordingly, a $500,000 policy costs $30 per month. [4] Notably unlike many other life insurance policies, the SGLI does not have a war clause exclusion which otherwise precludes benefits if death results from combat. Veterans' Group Life Insurance (VGLI) is a similar product available to veterans.
Delays in paychecks and other mail deliveries by the Postal Service, or USPS, gained attention last year as a record number of voters mailed in ballots to elect a new president.New Postal Board ...
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states.
Domestic air mail became obsolete in 1975, and international air mail in 1995, when the USPS began transporting First-Class mail by air on a routine basis. Mail truck loaded with gold leaving the New York City Assay Office in 1941. The Post Office was the first federal government departments to regulate obscene materials on a national basis.
Veterans Day 2024: What might be closed for the holiday in Louisiana The U.S. Office of Personnel Management says that federal offices will close for Veterans Day, and federal workers will have a ...
With the 2024 election approaching, some are wondering how a potential Trump second term as president might reshape veteran benefits and services. There are echoes of his first term potentially on ...