PRC chairman tells Congress to tackle retiree benefits before five-day delivery

Share this content:

Ruth Goldway, chairman of the Postal Regulatory Commission, told members of Congress on April 15 to fix the US Postal Service's retiree health benefit payment system before turning its attention to five-day delivery.

The Postal Service's Office of Inspector General said in January that the current system of funding the Civil Service Retirement System pension responsibility resulted in the agency overpaying by $75 billion from 1972 to 2009. The PRC is investigating the pension payment system.

“I can recall times when the Postal Service predicted billion dollar losses and ended the year with billion dollar gains,” she said, according to a statement released by the PRC.

Goldway also recommended other changes in the next 10 years, including converting the bulk of its vehicle fleet to electricity; changing branches into one-stop shops for government services; and empowering postal workers to have more interaction with their communities.

John Potter, inspector general and CEO of the USPS, unveiled the agency's plan to reduce its home delivery service to five days per week in March.

close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above