The Postal Service over-stated savings from shifting to lower-paid and less tenured employees and reducing services, and did not account for some side effects such as increased turnover, the GAO has said. GAO said that it was able to substantiate about $8 billion of the $9.7 billion in savings that USPS has claimed for the […]
12/17/2019 The U.S. Postal Service manages a vast network of mail carriers and vehicles that deliver mail to its customers. Since USPS’s costs are growing faster than its revenues, some have suggested that it provide nonpostal services using this network to generate revenue and enhance its value to communities. For instance, mail carriers could provide […]
POSTAL RETIREE HEALTH BENEFITS Unsustainable Finances Need to Be Addressed The financial outlook of the Postal Service Retiree Health Benefits Fund (RHB Fund) is poor. At the end of fiscal year 2017, the fund’s assets declined to $49.8 billion and unfunded liabilities rose to $62.2 billion. Based on Office of Personnel Management (OPM) projections requested […]
GAO Report: U.S. POSTAL SERVICE Projected Capital Spending and Processes for Addressing Uncertainties and Risks What GAO Found 6/28/18 – The United States Postal Service (USPS) projects increased capital spending over the next 10 years. According to USPS, this spending will support its mission and improve its financial position. USPS projects average annual capital cash […]
U.S. POSTAL SERVICE – Information on How Broadband Affects Postal Use and the Communications Options for Rural Residents What GAO Found Broadband use has in recent years been associated with reduced use of First-Class Mail. Continued declines as a result of broadband, however, are uncertain. Broadband access to various Internet services, especially online bill paying, […]
From NAPUS: 5/4/16 Over the past 18 months, NAPUS has raised concerns about the lack of data to indicate the amount of money the U.S. Postal Service saved as a result of reduced post office hours and post office re-classifications. In fact, one year ago, President Tony Leonardi testified before a Senate forum on rural […]
Over the last decade, attacks on injured federal employees and postal workers, led primarily by Sen. Susan Collins (R-ME) [postalreporter.com added link] , have been relentless. But she isn’t the only one who has tried to dismantle the comprehensive coverage provided by the Federal Employees Compensation Act (FECA). Over the years, proponents of cuts have […]
(Fort Belknap Agency, Mont.) – Senator Jon Tester today responded to a new Government Accountability Office (GAO) report that found the U.S. Postal Service (USPS) is reporting incomplete data about its mail delivery times. Tester, a senior member of the Senate committee that oversees the Postal Service, requested the report to examine whether the USPS […]
Wednesday, July 1, 2015 Senator to top federal watchdog: ‘fixing these programs starts with a firm understanding of the facts’ WASHINGTON – In an effort to better understand the ability of the Postal Service to meet stated delivery times, U.S. Senator Claire McCaskill is requesting that the federal government’s top watchdog review the Postal Service’s […]
U.S. GAO Report– U.S. Postal Service: Improved Management Procedures Needed for Parcel Select Contracts Here are excerpts from the report: The package delivery market is growing and changing rapidly. In 2013, U.S. businesses and consumers reportedly spent more than $68 billion to ship packages domestically using the three largest national package delivery providers in the […]