From the National Association of Postmasters of the US:
Pay talks between the U. S. Postal Service and the management associations are now underway. The Postal Service has submitted proposed changes in pay policies and schedules and fringe benefits for Postmasters for the period covering fiscal year 2011 through fiscal year 2015. NAPUS and League representatives will now enter the consultative process to discuss the proposed changes with the Postal Service, which will include providing the Postal Service with a list of pay issues on behalf of Postmasters.
While specific details of the pay consultations will remain confidential, updates on the talks will be provided on the NAPUS website as they become available.