The Lima News
The United States Postal Service is in jeopardy. Since 2006, the postal service has been held back by a Congressionally mandated requirement to pre-fund its retirees’ healthcare benefits 70 years into the future—an obligation placed on virtually no other private or public-sector organization in America.
Email your member of Congress and ask them to cosponsor H.R. 2382, the USPS Fairness Act.
This legislation would repeal, in full, the onerous prefunding of retiree health care benefits mandate Congress put in place in 2006. The mandate requires the Postal Service to prefund its retiree health care benefits 75 years in advance, paying for retirement health care for individuals who haven’t been born yet, let alone enter the workforce. The mandate is accountable for 92 percent of the Postal Service’s net losses since 2007 and is a constant threat to the financial sustainability of the Postal Service.
The USPS Office of Inspector General (OIG) studied how the Postal Service engages with microbusinesses and issued a report with recommendations. It found microbusinesses to be generally satisfied with the Postal Service but advised it to do more to boost awareness of key products and services.
An unprecedented congressional mandate threatens the Postal Service’s ability to continue to provide good jobs and universal service. by Sarah Anderson, Scott Klinger, Brian Wakamo
Danny Glover, Opinion contributor.
When I was growing up in the 1950s and 1960s, my family planned our vacations around big picnics for post office employees. I remember the thrill of taking the train from San Francisco to one of these gatherings in Santa Cruz.
The Rio Times
The interest stems from the massive logistical structure the state-owned company has in place, with regional routes and distribution agencies.
The agency hopes to get Congress’ help in trimming pensions and paid leave, as well as slashing delivery service.
Members of the United States Senate have joined members of the House of Representatives in saying, “Don’t Sell Our Public Postal Service”.
The Post Office network is close to collapse with thousands of branches at risk of closure over the next 12 months, MPs have been warned.
More than a fifth of sub-postmasters plan on resigning or downsizing because of increasing financial pressures, according to a recent survey.