The Postal Service is encouraged by the President’s recognition of the Postal Service’s financial situation. We look forward to working with the Administration and Congress in the coming year on CSRS and FERS over-funding, the retiree health benefit pre-funding requirement, delivery flexibility and retail access.
The Postal Service strongly supports the Administration’s commitment to the principles outlined in the budget:
* Realign Postal infrastructure, facilities, processing and delivery systems to continuously improve efficiency;
* Promote an adaptive 21st Century Postal workforce; and
* Accelerate value creation and enhance service to the public while respecting fair competition in the marketplace.
The Administration’s commitment, together with ongoing Postal initiatives within existing structures, will help put USPS on a path toward financial stability.
5.5 MILLION FOR POTTER TO LEAVE (GOLDEN PARACHUTE) AFTER RUNNING PO INTO THE GROUND. NOW CONGRESS WILL TRY TO WITTLE AWAY PAY AND BENEFITS TO THE UNION WORKERS TO MAKE UP FOR IT. WHAT TYPE OF INCENTIVE WILL BE OFFERED TO EMPLOYEES TO GET RID OF THEM? NOT ANY IS MY BET. SURVEYS ALL SAY MOST AMERICANS WOULD NOT MIND ELIMINATION OF SATURDAY DELIVERY, BUT IT SEEMS TO BE A SACRED COW TO SOME. WILL THE FEW RULE THE DAY?
What happened to the 50 billion in the csrs system..Is that just going to dis appear….