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The Lifecycle (L) Funds are designed to provide participants with an easy, convenient way of investing their Thrift Savings Plan (TSP) accounts among the five individual TSP funds based on when the participants will need the money in retirement. One of the principal characteristics of the funds is that the investment mix becomes progressively more … Read more
The Senate voted late Saturday to open debate on Republicans’ budget reconciliation package, which aims to cut federal spending in order to partially pay for extended tax cuts for the wealthy and increased immigration enforcement, though the measure’s burden on federal employees is now lighter. That’s because, according to bill text released by the Senate Budget Committee … Read more
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URGENT UPDATE –ACT NOW! A *shocking* increase in FERS retirement contributions—from 4.4% to an outrageous 15.6%—has just been added to the Senate’s reconciliation bill. That’s an 11.2% hike, placing a massive burden on hardworking federal and postal workers. The Senate is expected to vote THIS WEEKEND. WE NEED ALL HANDS ON DECK! CALL NOW: Call … Read more
WASHINGTON—The Subcommittee on Government Operations yesterday held a hearing titled “The Route Forward for the U.S. Postal Service: A View from Stakeholders.” The American people rely on the U.S. Postal Service (USPS) for critical services and members emphasized that former Postmaster General Louis DeJoy deserves credit for implementing a long-term strategy to improve USPS operations. … Read more
The U.S. Postal Service (USPS) is implementing a series of significant changes starting July 1st, impacting both mail delivery times and postage rates. These adjustments are part of the Postal Service’s broader “Delivering for America” 10-year plan, aimed at modernizing the network and achieving long-term financial sustainability. One of the most notable changes involves service … Read more
A Dallas postal worker was pronounced dead over the weekend while working in the medical district, Kimetra Lewis, president of the Dallas branch of the National Association of Letter Carriers, told the Observer Tuesday. While Lewis could not identify the worker, she said he had worked for the U.S. Postal Service for 28 years and fell ill on the … Read more
The House Oversight and Government Reform Committee holds a hearing titled “The Route Forward for the U.S. Postal Service: A View from Stakeholders”. Witnesses and testimonies: Paul Steidler Senior Fellow Lexington Institute Document Jim CochraneCEO Package Shippers Association Document Mike PlunkettCEO and President Association for Postal Commerce Document Thomas SchatzPresident Citizens Against Government Waste Document … Read more
WASHINGTON (AP) — Rep. Robert Garcia was elected the top Democrat on the powerful House Oversight Committee on Tuesday, charting a new direction for the party’s opposition to congressional Republicans and President Donald Trump’s administration. Garcia, of California, won the job overwhelmingly in a closed-door vote of the House Democratic caucus. He beat out Rep. Stephen Lynch … Read more
Amazon.com plans to expand its same-day and next-day Prime delivery services to over 4,000 smaller cities and rural regions in the United States by the end of 2025, it said on Tuesday, as the company doubles down on efforts to grow its domestic footprint. Amazon earlier this year announced plans to spend more than $4 … Read more