“For active federal and postal employees covered by the Federal Employees Retirement System (FERS), the budget calls for gradually equalizing employee and agency contributions for pension benefits. This would cut our pay and raise our pension contributions by 1 percent of pay per year for up to six years, costing active carriers up to $3,600 annually after six years. … “

The National Association of Letter Carrier’s and the United States Postal Service announced a that a tentative National Agreement has been reached which will now be sent to a vote for ratification to all active Members.   The major features of the contract are summarized below.