Postal Service Reform Act of 2017 TITLE I–POSTAL SERVICE BENEFITS REFORM This bill requires the Office of Personnel Management (OPM) to establish a Postal Service Health Benefits Program within the Federal Employees Health Benefits Program to offer health benefits plans for U.S. Postal Service (USPS) employees, annuitant retirees, and their families at rates that reflect…
It also points to advertising mail as the key to growth, making a subtle case for the continuation of exigency. In a succinct portrait of the U.S. Postal Service’s decline since 2007, the Congressional Research Service (CRS) cites the Retiree Health Benefits Fund (RHBF) as the chief culprit and cast bulk mailers as the heroes…
Summary Since 1971, the U.S. Postal Service (USPS) has been a self-supporting government agency that covers its operating costs with revenues generated through the sales of postage and related products and services. The USPS is experiencing significant financial challenges. After running modest profits from FY2003 through FY2006, the USPS lost $45.6 billion between FY2007 and…
