PRC Issues FY 2018 Annual Report to the President and Congress

PRC Press Release – 1/10/2019 Washington, DC – The Postal Regulatory Commission today released its Fiscal Year 2018 Annual Report to the President and Congress. The report provides a summary of the main activities undertaken by the Commission throughout the year. By law, the Commission is required to submit an annual report to the President…

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PRC Approves Largest-Ever Price Increase for Stamps

Washington, DC – Today the Postal Regulatory Commission issued Orders 4875 and 4876 approving the Postal Service’s planned rate adjustments for both Market Dominant products and Competitive products respectively. Rate increases for Market Dominant products must meet certain statutory and regulatory requirements, the most prominent of which is that such increases be no greater than…

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PMG Brennan discusses mail, other topics in “Business Focus” video

USPS is continuing to promote Marketing Mail as an effective method for businesses to promote their products and services to consumers, Postmaster General Megan J. Brennan reports in her latest “Business Focus” video. “We know direct mail works. It increases return on investment for the sender and has value for the receiver,” Brennan says. “Hard…

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PRC Chairman’s Statement on USA’s withdrawal from Universal Postal Union

Washington, DC – October 17, 2018. Earlier today, a statement was issued by the White House Press Secretary regarding President Trump’s receipt of a State Department report pursuant to an August 23rd Presidential Memorandum (https://www.whitehouse.gov/briefings-statements/statement-press-secretary-38/). In light of this, Postal Regulatory Commission Chairman Taub reiterates his previously issued statement of August 23rd. “The anticompetitive nature…

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USPS announces price changes for 2019

The Postal Service has announced price changes to take effect next year. The USPS governors approved the proposed changes, which will be reviewed by the Postal Regulatory Commission (PRC) before they take effect Jan. 27. The governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue. The…

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PRC Chairman’s Statement on President Trump’s UPU Memorandum

Washington, DC – On August 23, 2018, President Donald J. Trump issued a Presidential Memorandum (https://www.whitehouse.gov/presidential-actions/presidential-memorandum-secretary-state-secretary-treasury-secretary-homeland-security-postmaster-general-chairman-postal-regulatory-commission/) detailing his direction to modernizing the monetary reimbursement model for the delivery of goods through the international postal system and enhancing the security and safety of international mail. The memorandum was addressed to the Secretaries of State, the Treasury,…

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Report to the PRC: Retiree Health Benefit Fund Liability Examination

Executive Summary The Postal Regulatory Commission (PRC) retained Segal Consulting (Segal) to conduct an independent liability examination for Postal Service workers covered by the Retiree Health Benefit (RHB) Fund. PRC specifically requested that we evaluate: Whether the current assumptions were developed in accordance with generally accepted actuarial principles and methods set forth in the Actuarial…

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USPS OIG Report: Marketing Mail Letters Workshare Discounts

Objective The U.S. Postal Service offers a postage rate discount to mailers for presorting, pre-barcoding, handling, or transporting of mail. These workshare discounts incentivize mailers to perform specific activities that the Postal Service would otherwise have to perform. They allow the Postal Service to increase operational efficiencies, avoid some mailing costs, stimulate mail volume growth,…

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