So How Much Is the FERS Surplus?

To borrow a saying often attributed to Yogi Berra, “It’s tough to make predictions, especially about the future.” Whenever people make estimates about liabilities for long- term expenses, such as pension and retiree health payments, they’re making predictions about the future. The problem is that predictions are based on the present, and the present is always changing.

 

Streamlined Purchasing Procedures: How Well Are They Working?

The U.S. Postal Service spent $12.3 billion on supplies and services in FY 2011, which made up about 17 percent of its total operating expenses. Suppliers to the Postal Service range from large integrators, such as FedEx and UPS, to individuals responsible for cleaning offices and transporting mail between postal locations. With thousands of suppliers, the Postal Service needs a procurement process that is agile, yet transparent and secure.

 

Taxing the Postal Service?

Many international postal operators pay corporate income taxes to their national treasuries. Similar to a private company, these payments appear in the postal operators’ financial statements. Countries whose postal operators pay corporate income tax have essentially made a policy decision: They want their postal service to behave like a private business.

 

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  • 2 days 13 hours ago
    I have worked for the USPS for over 23 years. I had a traumatic injury while at work and have been on OWCP Bennifits. My OWCP Bennifits have been terminated. I have Appeal rights and yes am...
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    Only every other Sunday? We have to work 3 or 4 out of 4. We are a small rural office with only 9 rural routes. Currently 3 of the regulars are out with injuries/surgeries. We only have 4 RCA's...

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