tag:blogger.com,1999:blog-6615285628064623043.post4359375212927788567..comments2024-03-27T22:06:35.339-10:00Comments on Dead Tree Edition: Postal Service Shrinking More Slowly This YearD. Eadward Treehttp://www.blogger.com/profile/01300353143826844617noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6615285628064623043.post-51784302802196441582010-02-15T10:15:53.035-10:002010-02-15T10:15:53.035-10:00here is the USPS solution...
In a special report, ...here is the USPS solution...<br />In a special report, the USPS Office of Inspector General strengthens the case NALC has made over the past three years that the Office of Personnel Management badly miscalculated the postal surplus in the Civil Service Retirement Fund. The OIG’s investigative research unit report shows USPS was overcharged an astounding $75 billion for pension liabilities that Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6615285628064623043.post-32948255295499560752010-02-12T09:19:29.636-10:002010-02-12T09:19:29.636-10:00Is it just me, or is the USPS missing a great oppo...Is it just me, or is the USPS missing a great opportunity to create revenue-generating electronic products such as certified or registered delivery? Wouldn't there be a robust market for secured and verified delivery of electronic documents? Who is better positioned to act as the intermediary between sender and receiver? Everyone knows mail volume is declining, costs escalting, but what is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6615285628064623043.post-52132257918636226302010-02-11T04:55:55.473-10:002010-02-11T04:55:55.473-10:00The PAEA retirement health benefits payments will ...The PAEA retirement health benefits payments will have to be paid sooner or later. That is a fact and the most straightforward way to deal with it is to raise prices to cover the expense. <br /><br />One alternative is to take on a crippling amount of debt which would hamstring the USPS for years. Or the USPS and the mailers can go begging to Congress year after year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6615285628064623043.post-39419312298499405562010-02-11T01:29:07.575-10:002010-02-11T01:29:07.575-10:00The intent of the PAEA payments is the same that i...The intent of the PAEA payments is the same that it has been since President Reagan was in office. It's another way for the federal govt to milk it's cow. The $5.5 billion payment in retirement benefits is nothing more than blood money paid to the feds to leave us alone. I believe the mafia would call it some sort of protection insurance. The feds are just applying a lesson learned Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6615285628064623043.post-21354129904753030782010-02-10T08:36:50.198-10:002010-02-10T08:36:50.198-10:00The USPS had to accrue about $1.4 billion in retir...The USPS had to accrue about $1.4 billion in retirement health benefits payments mandated by PAEA. In the absence of these payments it actually would have made over $1 billion in October-December 2009, a reasonably good result -- and a very good result in a recession. So it is fair to say that the PAEA payments are a significant part of the USPS financial problems. The looming question is who Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6615285628064623043.post-56356655132598732402010-02-10T01:39:37.149-10:002010-02-10T01:39:37.149-10:00The Postal Service does not file reports with the ...The Postal Service does not file reports with the SEC. They have to file "SEC-like" reports under PAEA of 2006, but they file with the PRC.Anonymousnoreply@blogger.com