Should USPS’s Retirement Funds Be Invested in a More Broadly Diversified Portfolio?

Project Title: Foreign Posts’ Retirement Asset Investments Start Date: Monday, September 10, 2018 Estimated Report Release Date: March 2019 Employees of the Postal Service participate in two government-wide pension plans administered by the U.S. Office of Personnel Management (OPM): the Civil Service Retirement System and Federal Employee Retirement System. The assets of these plans are…

 Continue reading

PRC Requests Retiree Health Benefit Fund (RHBF) Liability Examination

Request for Proposal (RFP) For Retiree Health Benefit Fund (RHBF) Liability Examination 1. Introduction and Purpose of the Request for Proposal (RFP) 1.1. Background on Retiree Health Benefit Fund (RHBF) The Postal Regulatory Commission (PRC or Commission) is an independent establishment of the executive branch of the federal government with regulatory oversight over the United…

 Continue reading

PRC Recommends the President and Congress Address Financial Condition of USPS

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…

 Continue reading

Things are looking up: The Postal Service’s financial report for January 2015

February 26, 2015 The Postal Service released its financial statement for January 2015 yesterday.  It shows that for the first four months of Fiscal Year 2015 (Oct. – Jan.), the Postal Service posted a $1.325 billion profit in Controllable Operating Income.  That’s compared to a $912 million profit for the same period last year (SPLY)….

 Continue reading

The U.S. Postal Service’s Financial Condition: A Primer – September 22, 2014 CRS Report

Summary Since 1971, the U.S. Postal Service (USPS) has been a self-supporting government agency that covers its operating costs with revenues generated through the sales of postage and related products and services. The USPS is experiencing significant financial challenges. After running modest profits from FY2003 through FY2006, the USPS lost $45.6 billion between FY2007 and…

 Continue reading

It’s Time for Postal Unions and Mailers To ‘KISS’ on USPS Reform

The editorial below from “an anonymous PostCom board member” appeared in this week’s issue of PostCom Bulletin, the organization’s newsletter. I thought the insights about how to get postal reform moving and about the U.S. Postal Service’s governing body were worth sharing with a wider audience, so I’m republishing it with the permission of PostCom. A…

 Continue reading