USPS Reports Fiscal Year 2022 Results

November 10, 2022 The Postal Service has reported its financial results for fiscal year 2022 (Oct. 1, 2021-Sept. 30, 2022). Here are the highlights: • Revenue. Operating revenue was $78.5 billion, an increase of 1.9 percent from the previous fiscal year. First-Class Mail revenue increased 3.3 percent, and Marketing Mail revenue increased 9.7 percent. Shipping…

 Continue reading

USPS: New law will effect employee health and retirement benefits.

April 12, 2022 The Postal Service reform legislation that President Biden signed into law on April 6 will involve changes to employees’ health and retirement benefits. USPS understands that employees have many questions, so here are a few things to know: • The law establishes the Postal Service Health Benefits (PSHB) Program, which will provide…

 Continue reading