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…
Background The Postal Reorganization Act of 1970 requires annual audits of the U.S. Postal Service’s financial statements. In addition, the Postal Accountability and Enhancement Act of 2006 requires the Postal Service to comply with Section 404 of the Sarbanes- Oxley Act (SOX). This section requires the Postal Service to report the scope and adequacy of…
Press Release – November 14, 2016 Washington, DC – The Postal Regulatory Commission (Commission) today made its recommendations to the President and Congress to address the volatile financial condition of the U.S. Postal Service. The Commission is required every five years under Section 701 of the Postal Accountability and Enhancement Act of 2006 (PAEA) to…
April 18, 2016 (RARC-WP-16-009) Since passage of the Postal Accountability and Enhancement Act (PAEA) in 2006, the OIG finds the Postal Service is doing better controlling its costs than sometimes is reported in the news. The Postal Service has redesigned its network of processing plants, retail locations, delivery routes, and transportation systems, as well as…
Background The Postal Accountability and Enhancement Act of 2006 (Postal Act of 2006) amended 39 U.S.C and revised the cap on total compensation payable to U.S. Postal Service employees. As a result of this revision, the Postal Service could not pay an employee more than $201,700 for calendar year 2014; however, there are two exceptions….
February 2, 2015 – Press Release Washington, DC – Today the Postal Regulatory Commission unveiled its new website designed to provide an engaging user experience and improve accessibility and transparency of Commission documents and activities. Among the key features of the new site are three selections prominently displayed on the homepage: Active Cases, Daily Listings,…
Press Release – January 5, 2015 Washington, DC- Today the Postal Regulatory Commission issued its 2014 Annual Report to the President and Congress. It describes Commission activities of the last fiscal year and the extent to which regulations are achieving the objectives set forth by the Postal Accountability and Enhancement Act of 2006. These objectives,…
Hundreds of Roanoke postal workers’ jobs will be eliminated. (July 5, 2014) Most Americans have never heard of the Postal Accountability and Enhancement Act of 2006. The mind-numbing title alone sounds like it could put a hardcore insomniac to sleep. The truth is, it’s one of the most insane laws Congress ever enacted. It’s past…
