December 30, 2023
Today the Postal Service submitted its calculations to the Postal Regulatory Commission for its density rate authority and retirement rate authority to increase rates in the coming year.

These are the amounts that the Postal Service is permitted to raise rates on Market Dominant products beyond the Consumer Price Index (which, until November 2020, had put a cap on increases).

As the Postal Service explains in the notice accompanying the calculations, this is an unusual year because the Postal Service Reform Act eliminated all past due retiree health benefit payments, which amount to a $57 billion “negative expense.”

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