Postal Group Warns Obama Budget Would Cut Benefits

The National Association of Postmasters of the U.S. is warning its members that President Obama's budget plan would cut postal employee benefits. The association cites figures in the budget summary the administration released last week. A line item deep in the summary says "realign USPS (U.S. Postal Service) employee/employer benefit contributions." It offers numbers, but no explanation or details.

"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," reads the association's Legislative and Political Bulletin.

"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."

Stay tuned.

By Sara Goo  |  March 2, 2009; 2:26 PM ET  | Category:  Budget
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