March 03, 2009

Obama Blueprint Proposes Postal Employee Benefit Cuts

PostalReporter.com Blog » Obama Blueprint Proposes Postal Employee Benefit Cuts: "Yesterday, President Obama released the outline of his Fiscal Year 2010 Budget. On page 126 of the 134-page document is a reference to the Postal Service that reads, “Realign USPS employee/employer benefit contributions.” The proposal projects a 5-year cost savings to the Federal government of approximately $4.2 billion, and a 10-year savings of about $9.5 billion. A detailed explanation of the Blueprint is not currently available, and may not be on hand until early April. So, we are pushing for President Obama to revisit the Postal proposal in the interim. NAPUS and other postal employee groups have already communicated our displeasure to the White House and to Capitol Hill. Nevertheless, as it stands now, the proposal calls for USPS benefit contributions, on behalf of its employees, to be less than called for in existing union contracts and managerial consultative agreements."

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