Postal News Blog--In a letter to President Obama, five of the nation's largest mailing industry trade groups have asked the President to direct his Office of Personnel Management to "recalculate the Postal Service CSRS obligations using the method endorsed by both the Postal Regulatory Commission and the Postal Service Inspector General and to transfer any excess to the Postal Service Retiree Health Benefits Trust Fund."
The organizations, which represent mailers "contributing over 85% of the Postal Service's annual revenue", contends that the OPM is wrong when it insists that it cannot do anything about the overcharges without new legislation, and suggests that OPM "hopes to use mailer contributions to reduce the almost $700 billion unfunded CSRS liability for non postal federal employees." It contends that using Postal revenues for taxpayer obligations is not only unfair, but risks ruining the US Postal Service and destroying the jobs of the 7.5 million Americans who work in the mailing industry. Read the letter!
The organizations, which represent mailers "contributing over 85% of the Postal Service's annual revenue", contends that the OPM is wrong when it insists that it cannot do anything about the overcharges without new legislation, and suggests that OPM "hopes to use mailer contributions to reduce the almost $700 billion unfunded CSRS liability for non postal federal employees." It contends that using Postal revenues for taxpayer obligations is not only unfair, but risks ruining the US Postal Service and destroying the jobs of the 7.5 million Americans who work in the mailing industry. Read the letter!
