The NPMHU has joined with 28 other federal and postal employee and retiree organizations, as members of the Federal-Postal Coalition, in calling upon House Members to defeat the Republican budget resolution. The House budget resolution specifically proposes the following benefit reductions: 1) FERS-covered federal and postal employees would contribute more toward their retirement benefits, paying an additional 6% with no increased benefit; 2) The “special retirement supplement” that pays benefits to FERS retirees who retire before they hit the age of eligibility for Social Security would be terminated; 3) The federal and postal workforce would be forced to make greater employee and retiree contributions toward health insurance premiums, whereby postal employees would be required to pay the same share of health and life insurance premiums as do federal employees, effectively stripping them of their right to bargain with the Postal Service over such terms; 4) The rate of return for the most popular G fund within the Thrift Savings Plan would be reduced.
All Members are urged to write to their elected representatives if they are interested in helping to stop or limit this attack on future benefits. Visit the NPMHU Legislative Center for additional information.
You may review the Federal-Postal Coalition document at this link. (pdf).