|
|
| 12-Mar-10 7:00 AM EST | ||
|
|
||
Congress had a hand in the Postal Service's struggles |
Congress had a hand in the Postal Service's struggles
By Gary Dunham, Wilmington
No federal funds have been received since 1983. Since 2006, it’s been forced to pay $5.5 billion per year to prefund future retiree health benefits through 2016. No other federal agency does this that far ahead. In 2010, USPS paid over $75 billion to the Civil Service Retirement System due to a miscalculation. Congress won’t give it back nor apply it toward USPS expenses. That, not the economy, is why it lost $3.8 billion this year.
Over my career, outstanding evolutions occurred, from manual to mechanized to automated to computerized operations. USPS is consistently the highest-rated federal agency with citizen contact, getting an 82-85 percent approval rating yearly. |
| For additional information on this article, please contact: | ||
| Source: Delaware Online | ||
| http://www.delawareonline.com/article/20100312/OPINION10/100311048/1004/OPINION | ||
|
|
||