“As the Postal Service has said for years, Congress and the Commission have long delayed much needed legislative and regulatory reforms which would have helped to address the situation. Congress must enact reform legislation that addresses our unaffordable retirement payments. Most importantly, Congress must allow the Postal Service to integrate our retiree health benefits program…
Objective The Postal Service participates in three retirement plans: the Civil Service Retirement System (CSRS), the Federal Employees Retirement System (FERS), and the Postal Service Retiree Health Benefits (RHB). The first two are pension plans and the third is set up to fund the Postal Service’s share of RHB premiums. The U.S. Office of Personnel…
The USPS may finally get the much-needed help it’s been seeking. With HR 2382 now having a majority of support in Congress, Congress has the chance to fix the harm they have created. Although HR 2382 is very vague in its description, it will eliminate the pre-funding that has crippled the USPS. By my estimation…
