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 […]
A Texas Postal Worker in a letter to the Postal Regulatory Commission regarding the elimination of Saturday mail delivery he wrote: Greetings Everyone! My name is Bill Hall and I have been a mail processing clerk in the Amarillo, Tx facility for the past 18 years. What I see on a daily basis is the […]
Witness List for the Postal Regulatory Commission Field Hearings On U.S. Postal Service Six-Day to Five-Day Mail Delivery Proposal Monday, May 17, 1:00 p.m.Dallas City Hall L1 Auditorium 1500 Marilla Street Dallas, TX Panel 1 Phil Major Editor Wise County Messengerr Decatur, Texas Roy Robinson Publisher, VP, Graham Newspapers Graham, Texas The Honorable Bruce R. […]
APWU Urges Postal Commission To Save Saturday Service APWU News Testifying at a Las Vegas field hearing, APWU Western Region Coordinator Omar Gonzalez urged the Postal Regulatory Commission to reject the USPS proposal to end Saturday delivery. The plan will “hasten the call for elimination of the private express statutes and legal monopolies, which ensure […]
Measuring the Social Value of Postal Services to the Nation U.S. Postal Regulatory Commission REQUEST FOR PROPOSAL (RFP) Issued May 7, 2010 The Postal Regulatory Commission (PRC or Commission) is an independent establishment of the executive branch of the federal government with regulatory oversight over the United States Postal Service (USPS or Postal Service). It […]
Witness List for the Postal Regulatory Commission Field Hearing Sacramento, California Wednesday, May 12, 2010 Panel 1Mury Salls Senior Vice President, DST Mailing Services/President, Major Mailers Association El Dorado Hills, CA Sharif M. Sleiman Director, Global Procurement, eBay, Inc. San Jose, CA Grady Hesters CEO, Audio Editions Auburn, CA Joe Ridout Consumer Services Manager, Consumer […]
From Postcom.org: PRC Chair Ruth Goldway today told attendees of the IDEAlliance Print Distribution conference that the Postal Service’s proclamation that it will lose $238 billion over the next 10 years if nothing changes is an “unsubstantiated figure with no connection to reality.” Goldway said the USPS is presenting dire forecasts to scare Congress into […]