U.S. House panel to take up Postal Service reform measures

By David Shepardson – May 10, 2021 The U.S. House of Representatives Oversight and Reform Committee on Thursday will consider a pair of bills to reform the cash-strapped U.S. Postal Service, a document seen by Reuters shows. Representative Carolyn Maloney, the Democrat who chairs the panel, circulated draft legislation earlier this year to address some…

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NPMHU President Issues Statement Endorsing the USPS Fairness Act

For fifteen years, the United States Postal Service has been obligated to prefund its retiree healthcare costs at 100%. This mandate resulted in the annual loss of $5 billion over a decade and has been the primary cause of financial deficits since 2013. Because of these losses, the Postal Service faced cuts in services and…

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PMG DeJoy advocates Medicare Integration for Retirees as part of reforms

“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…

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CBO Projects USPS Will Continue Defaulting on Retiree Health Fund Payments

By Ian Smith – February 4, 2020 The Congressional Budget Office predicts that the Postal Service will continue defaulting on mandatory payments to the Postal Service Retiree Health Benefits Fund for the next decade. CBO said in a recent report that it expects the Postal Service to continue defaulting on the payments for the next…

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NALC President’s Statement On USPS Financial Results for FY 2019

The large loss posted by the U.S. Postal Service in Fiscal Year 2019 ($8.8 billion) is largely the result of external factors, not the normal operations of the agency. More than half the loss stems from the 2006 congressional mandate that requires the Postal Service, alone among all public agencies and private companies, to pre-fund…

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NALC: USPS Fairness Act reaches bipartisan majority

The USPS Fairness Act (H.R. 2382), which would repeal the retiree health benefit pre-funding requirement, passed the threshold for bipartisan majority support in the House Of Representatives with 218 co-sponsors. However, more support is needed for this bill. With new House rules, legislation that reaches 290 or more co-sponsors can be scheduled directly for a…

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