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 […]
From Mailing Mailing Systems Technology via Postcom: A question that’s top of mind for many mailers who went through the Postal Accountability Enhancement Act of 2006 (PAEA) is, what does Congress think about the recent USPS filing to the PRC of an exigent rate increase? Here are some things to consider on the legality of […]
From July 14 through July 27, the Commission will conduct and audiocast five hearings in Docket N2010-1, and three technical conferences in Docket R2010-4. Links to the audio will be posted here approximately 10 minutes prior to the broadcasts. Click on this message for the hearing schedule. http://www.prc.gov On July 6, 2010, the Postal Service […]
From the Postal Regulatory Commission (PRC) Schedule for Hearings on Postage Rate Increase HEARINGS in Docket N2010-1: July 14 at 9:30 am … July 16 at 9:30 am … July 20 at 9:30 am … July 21 at 9:30 am July 22 at 9:30 am /
“The June 16, 2010 conference has provided the Commission with a number of potentially useful suggestions and comments. One of the suggestions was that the Commission include a tentative schedule in the Commission’s initial order.” The following schedule responds to that suggestion. July 6, 2010 Exigent Request filed. July 19, 2010 First Technical Conference (topics […]
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 […]
The following is a press release from the office of of Senator Daniel Inouye: June 17, 2010 WASHINGTON, D.C. – U.S. Senators Daniel Inouye (D-Hawaii), Daniel Akaka (D-Hawaii), Lisa Murkowski (R-Alaska) and Mark Begich (D-Alaska) today urged the Postal Regulatory Commission to hold field hearings in Hawaii and Alaska on a Postal Service proposal to […]