Tuesday, October 25, 2011

Postal Buyouts and more...

Everybody's got a price. What's yours?

"... Currently buyouts are available at Agriculture, Air Force, ATF, U.S. Courts, Education, FTC, GAO, GPO, Housing and Urban Development, Justice, Library of Congress, the USPS, SBA, Smithsonian and the TSA. ..."

Source: www.federalnewsradio.com

Monday, October 24, 2011

Post Office's Financial Mess and Retirement Funding

The Truth About the Post Office's Financial Mess

"... law has the effect of requiring the postal service to fund retirement obligations for people who are not yet employed by the USPS -- potential future employees. ..."

Source: www.thestreet.com

Wednesday, October 19, 2011

COLA for 2012 Social Security will be 3.6 percent

Social Security benefits to rise 3.6 percent

"... Social Security retirement benefits for about 55 million people will go up by 3.6 percent next year, the first cost-of-living increase since 2009, the U.S. Social Security Administration said on Wednesday. ..."

Source: www.reuters.com

Monday, October 17, 2011

Postal Early Retirement Incentives on the way?

Lawmakers inch closer to compromise over Postal Service rescue plan

"... Officials have discussed possibly using those funds to entice fully vested Postal Service employees into their retirement, which would help the agency downsize its labor costs. 


Source: Postal News

Monday, October 3, 2011

Social Security and Supplemental Security Income recipients COLA could be nearly 4 percent

Federal retirees could receive COLA boost for first time since 2008

"...The COLA for federal retirees and Social Security and Supplemental Security Income recipients could be nearly 4 percent as of Dec. 1, based on the latest data from the Bureau of Labor Statistics. ..."

Source: www.govexec.com