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Tuesday, February 4, 2014

Postal Reform Bill S.1486: Destruction of the national infrastructure and employee benefits

  Can it get much worse? The Senate tries postal reform, again

"...While the bill doesn’t take postal employees and retirees out of the Federal Employees Health Benefit Plan (FEHBP), it does create a separate postal risk pool and a separate postal plan within FEHBP. With a few exceptions, employees and retirees will only be permitted to join plans within the postal plan. Those eligible for Medicare must fully enroll in both Medicare Part A and Part B (there are exceptions but those are limited and eventually every eligible is shifted to Medicare). There is an open season for those currently eligible for Medicare who have not enrolled, and a waiver period is granted for penalties that would apply to those who did not enroll in Part B when first eligible...."

Reference: www.savethepostoffice.com