"...Retirement benefits for most Mail Handlers are currently under attack with the budget reconciliation package calling for increases to employee contributions with no corresponding increase to benefits; changing annuity computation from “high 3” to “high 5” average salary; eliminating the FERS supplement for those who are eligible to retire before they qualify for Social Security; and, tying FERS contribution rates to union membership for new hires.
NPMHU and these groups have been educating members of the House on how these changes would be devastating to Mail Handlers, and all postal and federal employees. ..."
