"...FERS employees would see an increase of contributions by 1% every year until it is equal to the contributions of the federal government; an elimination of the FERS supplement for those who retire before the age of 62; and elimination of cost of living adjustments (COLAs). CSRS retirees would face a reduction of COLAs..."
"...Brennan conceded at the April hearing that the plan will include a proposal to reduce mail delivery to five days per week, rather than the current six-day requirement. Rep. Mark Meadows, R-N.C., told the postmaster general to “quit wasting our time,” noting Congress has repeatedly blocked any effort to cut delivery frequency. USPS also told stakeholders it would look to further cut hours at post offices and continue to build its cadre of non-career employees who earn less pay and fewer benefits..."
"...As anticipated, the 2018 House Budget is in the same mold as the White House budget – it punishes workers and the working-class, while giving big payouts to the rich. The resolution instructs the House Oversight and Government Reform Committee (which has jurisdiction over the Postal Service and postal/federal employee annuity benefits) to cut $32 billion in the programs and agencies they oversee during ten years. Like the White House proposal, the House budget recommends big pay cuts to postal workers through increased Federal Employee Retirement System pension contributions and eliminating the special retirement supplement (which helps federal retirees who retire before they are eligible for Social Security benefits). These two proposals alone will take thousands of dollars out of the pockets of postal workers and retirees. Even more egregious, the House plan calls for replacing guaranteed pension benefits..."