OIG Says USPS Overfunded Its FERS Retirement Obligations By $6.8 Billion

A new audit report from the Office Of Inspector General says that the USPS over-funded its FERS retirement obligations by $6.8 billion. The OIG reported several months ago that USPS overfunded its CSRS retirement obligations by $75 billion. Excerpts: Consistent with other retiree benefit obligations, the Postal Service is being unfairly burdened for its share […]

OIG: USPS Takes Average Of 2.2 Yrs. To Process Employees Ideas Instead of 7 Days

The following are excerpts from a USPS Office Of Inspector General review of the eIDEAS program. According to the USPS OIG, “When an idea is approved, management can award noncash and cash awards up to $10,000. The complainant and surveyed employees expressed concern about management’s commitment to the eIDEAS program.” This management advisory presents the […]

USPS OIG Audit Report – Flats Sequencing System: Program Status and Projected Cash Flow

This report discusses the Flats Sequencing System (FSS) program status and its projected financial impact and addresses both operational and financial risks (Project Number 09YG052DA000). The objective of this audit was to assess procedures for reporting of FSS performance and program savings shortfalls. See Appendix A for additional information about this audit. In December 2006, […]

OIG Audit: USPS Summer Sale For Mailers May Have Lost Money In FY 2009

This report presents the results of our audit of the fiscal year (FY) 2009 Standard Mail® Volume Incentive Program (Project Number 10BO008FF000). The report responds to a request from the Postal Regulatory Commission (PRC). Our objectives were to evaluate the Standard Mail Volume Incentive Program (Summer Sale) to determine whether the Postal Service achieved its […]

Letter to Rep. Gallegly: USPS OIG Can’t Get Bernstock Prosecuted?

Letter sent to President Barack Obama, Senators Diane Feinstein, Barbara Boxer and Congressman Elton Gallegly by Guy Nohrenberg, Simi Valley,CA How is it that the US Postal Service Office of Inspector General (USPS OIG) cannot get Robert F. Bernstock prosecuted? The OIG has gathered enough evidence on this Postal Official to send it to the […]

Indiana Postal Clerk Gets Probation For Misappropriation Of Funds

The following is a press release from the office of United States Attorney Timothy M. Morrison, Southern District of Indiana INDIANAPOLIS – Casey D. Armstrong, 35, Lawrenceville, Ill., was sentenced to three years of probation today by U.S. District Judge William T. Lawrence following her guilty plea to misappropriation of Postal funds. This case was […]

USPS OIG: Former Postal Marketing Exec Robert Bernstock misused staff, contractors

From the Federal Times The U.S. Postal Service’s former top marketing executive repeatedly used government staff — and at least two business associates he hired with sole-source contracts — to manage his personal finances and outside business interests, according to a new report. Robert Bernstock, who resigned June 4, admitted to Office of Inspector General […]

USPS OIG Asks: Should Stamp Vending Machines Be Brought Back?

For decades, the Postal Service offered vending machine service to supplement its retail operations. Vending machines meet the needs of customers who want to purchase a single stamp without waiting in line. While the lack of stamp vending machines has resulted in widespread customer frustration and a surprising number of newspaper articles, the problems are […]

USPS OIG: Fixing CSRS Overpayment and pre-funding requirements would fully fund pension and retiree health benefits

The economic downturn and the continued electronic diversion of mail, coupled with an aggressive retiree health pre-payment schedule have combined to put the Postal Service in financial crisis.  A recent analysis of the future of the mail conducted on behalf of the Postal Service showed that mail volume may not recover along with the economy […]

Owners of Three Mailing Companies Indicted In Postage Meter Scam Resulting In More Than $14 Million Lost To USPS

(HOUSTON) – The owners of three third-party mailing and presort companies and several of their employees have been charged by indictment with conspiracy to commit mail fraud by possessing and using counterfeit postage meter machines to affix counterfeit postage in large mailings resulting in lost revenue of more than $14 million to the U.S. Postal […]