Tuesday, February 15, 2011

Some Encouraging Words on USPS Future

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 the Postal Service on a path toward financial stability.

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