The Postal Regulatory Commission (PRC) has posted schedule of live audio broadcasts for three public hearings to question Postal Service witnesses in the exigent rate case. Links to the audio will be posted on the PRC website approximately 10 minutes prior to the broadcasts. All public hearings begin at 9:30 a.m. Tuesday, 8/10/2010 – USPS Executive Vice […]
The Postal Regulatory Commission says it has received over 12,000 comments from the public on the postal service’s proposal to end Saturday mail delivery. The PRC issued this thank you to to the public: Dear Members of the Public, thank you for writing us. The Commission has received more than 12,000 letters, cards, emails, and […]
POSTAL REGULATORY COMMISSION Sunshine Act Meeting, Public Invited TIME AND DATE: Tuesday, August 3, 2010 at 11 a.m. PLACE: Commission Hearing Room, 901 New York Avenue, NW, Suite 200, Washington, DC 20268-0001. MATTERS TO BE CONSIDERED IN PUBLIC SESSION: 1. Review of postal-related congressional activity. 2. Report on international activities. 3. Review of active cases. […]
TESTIMONY OF WILLIAM H. YOUNG ON BEHALF OF THE NATIONAL ASSOCIATION OF LETTER CARRIERS, AFL-CIO submitted to the Postal Regulatory Commission regarding USPS Five-Day Delivery Request: My name is William H. Young. I submit this testimony on behalf of Intervenor National Association of Letter Carriers, AFL-CIO (“NALC”), which serves as the collective bargaining representative of […]
This report presents the results of our audit of the fiscal year (FY) 2009 Standard Mail® Volume Incentive Program (Project Number 10BO008FF000). The report responds to a request from the Postal Regulatory Commission (PRC). Our objectives were to evaluate the Standard Mail Volume Incentive Program (Summer Sale) to determine whether the Postal Service achieved its […]
The Postal Regulatory Commision requested that USPS provide the following: For each of the city carrier employee types indicated in Attachment 1 of USPS-T-7, please provide the distribution of total city carrier work years, indicated in the third column of the first table, by day of the week, for FY 2009. Here are the charts: […]
OPM Must Reconsider Calculations The Postal Regulatory Commission (PRC) released an independent actuarial report [PDF] on June 30 which confirms that the Postal Service was overcharged $50-$55 billion for payments to the Civil Service Retirement System (CSRS) between 1972 and 2009. The report recommended an “adjustment” of $50-$55 billion in favor of the Postal Service. […]
The office of Sen. Thomas Carper, D-Del., issued the following news release: WASHINGTON,DC- Sen. Tom Carper (D-Del.), chairman of the Senate’s Federal Financial Management Subcommittee with jurisdiction over the U.S. Postal Service, issued the following statement reacting to a report submitted to Congress by the Postal Regulatory Commission earlier today: “Every once and a while […]
Washington, DC – The Postal Regulatory Commission today submitted to Congress, the Office of Personnel Management (OPM) and the United States Postal Service, an independent actuarial report on the allocation of the Civil Service Retirement System (CSRS) benefits paid to former Post Office Department employees. The Postal Service asked for an independent review of current […]
The US Postal Service filed its May 2010 (unaudited) preliminary financial report on Friday, June 24, 2010 with the Postal Regulatory Commission. USPS reported a net income/ loss of $642 million. The total Fiscal Year to year loss is $2.9 billion ($382 lost for April; $381 lost for month of March; $611 lost in February; $592 […]