The US Postal Service holiday pay crisis is getting worse

The US Postal Service holiday pay crisis is getting worse

November 1, 2021 Comments Off on The US Postal Service holiday pay crisis is getting worse By admin

In 2020, USPS will make $1.5 billion in annual pay cuts and the agency is planning to slash more than 3,000 jobs, according to a draft plan obtained by National Review.

The Postal Service has long been criticized for its lack of transparency and accountability, but a series of internal documents obtained by the Washington Post this week suggest that the Postal Service is considering another round of pay cuts that would bring its total annual pay cut to more than $2 billion by the end of the decade.

The plan was obtained by a group of conservative lawmakers who were tasked with writing legislation to help fix the Postal Services pay crisis.

The legislation is currently being reviewed by the House Oversight and Government Reform Committee.

The USPS has been working on a plan to cut more than 1,000 employees over the next few years, according a congressional aide, and some of the proposals include “preventing employees from filing for unemployment benefits while working,” “reducing bonuses for employees who retire early,” and “eliminating employee health insurance benefits.”

These proposals are intended to make the Postal System more efficient, but they are also intended to put pressure on USPS to keep employees working for the government.

The proposal for a salary cut would see the USPS cut employees’ pay by $400 a month over the course of a five-year period, the Post reported.

This would result in an annual salary of $2,400, but employees would be required to work part-time and be eligible for a one-time bonus of $200 a month if they have a valid unemployment insurance card.

The proposed salary cuts would also force the USPS to cut back on benefits for employees currently on paid leave, such as sick leave.

The agency will be forced to make some of these changes without any pay increases, according the Post.

The cuts would affect the Postal employees who would receive the most generous benefits under the USPS’s new pay-for-performance system.

The Post reported that the agency will not be able to eliminate the Postal Employee Health Benefits program (PEBHP), which covers workers who have worked in the postal service for at least two years.

The new legislation also includes language requiring USPS to “prefer” the health benefits of its current employees over their future benefits.

These changes could help the USPS avoid the costly legal challenges that have plagued its pay-cut plans in recent years.

According to the Post, the USPS will “preference” the benefits of current employees and “may provide for payment to be deferred or deferred for up to one year.”

The Post also reported that “the legislation would require the Postal Board to recommend to the president that USPS continue to fund its retiree health care benefits program.”

The proposal includes an additional provision that would allow the USPS “to waive any payment for the cost of a retirement benefit provided to current employees” and allow the agency to waive the cost for future retirees, which would result a reduction in the Postal Department’s payroll by $4 billion.

The bill also provides that “if USPS does not submit a final plan by March 31, 2020, the Office of Personnel Management may withhold the amount of the benefit award and require a new plan to be submitted by the next regular pay period.”

This means that the USPS would be forced “to spend a total of $6.4 billion in 2020 on retiree healthcare,” according to the Washington Examiner.