Postal Regulatory Commission

Mar 17th

PRC Seeking Third Party Consultant Services To Review USPS Current CSRS Obligations

PRC looking for Actuarial Consultant Services to review current CSRS obligations Statement of Work for Actuarial Consultant Services – Federal Business Opportunities: Opportunities: Recent Developments On January 20, 2010, the U.S. Postal Service Office of Inspector General (OIG) published a document entitled “The Postal Service’s Share of CSRS Pension Responsibility.” This paper is identified as […]

Mar 10th

PRC Issues Advisory Opinion Affirming Customer Rights in U.S. Postal Service Retail Office Closing Decisions

Press Release from Postal Regulatory Commission March 10, 2010 Washington, DC – The Postal Regulatory Commission today issued an Advisory Opinion to the U.S. Postal Service in its “Station and Branch Optimization and Consolidation Initiative” in Docket N2009-1. The Postal Service is required to seek an Advisory Opinion if its actions constitute a nationwide change […]

Mar 3rd

USPS Lost $592 Million for January 2010

The US Postal Service filed its January 2010 (unaudited) preliminary financial report today with the Postal Regulatory Commission. USPS reported a net income/ loss of $592 million. The total Fiscal Year to year loss is $887 million ($255 million for lost for November and $179 Million gain the month of December) . Mail volume was […]

Mar 3rd

PRC Initiates Review of USPS Pension Liability

PRC Press Release Washington, DC – The Postal Regulatory Commission yesterday issued a Notice establishing Docket SS2010-1 to conduct a review of the Civil Service Retirement System (CSRS) pension liability of the United States Postal Service. “This is an important study which will provide information regarding the financial health and viability of the Postal Service, […]