Rearranging the Deck Chairs at the Postal ServiceQuicklink submitted by Amanda Lang Permalink
Become a Fan
|Hooray! Today the Senate passed a bipartisan bill to save the postal service. After plowing through half a dozen separate reports about what the bill does, I've compiled a comprehensive list. Take a deep breath: Allows USPS to recoup more than $11 billion that it had overpaid into one of its pension funds.
Provides early retirement incentives for nearly 100,000 USPS workers.
Restructures payments to a health benefits fund for future retirees. Frees up USPS to offer a broader range of services like delivering beer and wine for retailers. Creates a USPS chief innovation officer.
Halts the immediate closing of up to 252 mail-processing centers and 3,700 post offices.
Forces USPS to preserve overnight delivery of mail sent to nearby communities...
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.