Apr 26, 2012

Senate Approved Postal Reform Bill

"...The Senate approved a bipartisan bill Wednesday aiming to restructure the cash-strapped U.S. Postal Service, clearing the way for a massive reduction in the agency's workforce.

The final bill, passed by the Senate in a 62-37 vote, refunds to USPS overpayments it made to the federal retirement system. That will allow the agency to pay for buyouts for some 100,000 retirement-eligible employees. The bill also allows USPS to negotiate with its unions about moving postal employees out of the Federal Employees Health Benefits Plan and into a separate insurance program..."


Read more at FederalNewsRadio.com"

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