When in Rome, or Dublin or Bonn…

Talk of postal finances inevitably turns to the U.S. Postal Service’s retiree pension assets and obligations. With nearly $279 billion in assets, yet $41 billion below their estimated liabilities, the pension plans are a huge part of the USPS portfolio.

Our office has looked at ways to address the Postal Service’s long-term pension and health liabilities, focusing recently on ways to invest assets so they yield higher returns while minimizing risk.

 
Bogus email art

Beware of Spam Scam

In today’s world of package tracking and interconnectivity, an email from the U.S. Postal Service or even our Inspector General regarding mail delivery might seem legitimate.

That’s what the scammers want you to think. Unfortunately, some postal customers are getting bogus emails purporting to be from the Postal Service about an attempted or intercepted package delivery or online postage charges. These emails contain a link or attachment that, when opened, installs a malicious virus that can steal personal information from your personal computer.

 

Spotlight on Safety

Safety first. This mantra of parents everywhere is also a cornerstone of U.S. Postal Service internal policies and federal regulations on facility maintenance to provide a safe and healthy workplace for its employees.

Our latest audit reviewed whether management adhered to building safety, maintenance, and security standards at mail processing facilities. We found concerns, ranging from minor oversight infractions to more serious issues.

 

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Would you support reduced service standards if the Postal Service lowered costs?

Recent Comments

  • 5 days 12 hours ago
    Service standards may need improvement . There is always room for improvement however time wasting practices are not enforced. Floor plans such as work triangles where distances to collect product...
  • 5 days 14 hours ago
    I often post letters from the mailboxes at airports before I take off or as I land. Recently I've noticed it takes 6 days for a letter to go across town, a distance of 20 miles. For example I...

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