The opioids epidemic, which President Trump declared a public health emergency in October 2017, has had a national impact on many people, businesses, and organizations, including the U.S. Postal Service.
It was an especially lively six-month period covered by our most recent Semiannual Report to Congress – October 1, 2018 through March 31, 2019. The period included the partial government shutdown in December, and January saw the official appointment of our acting Inspector General to the IG position – only the third IG in our 20-year history. And then there’s all the work we did.
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.
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.