|This week, the Postal Service Reform Act is being introduced. (You can also click here to read the summary memo.) There will be a markup in the Committee on Oversight and Reform on May 13th. The bill accomplishes some key items the mailing industry has long supported, such as the repeal of prefunding retiree health benefits and integrating postal retirees into Medicare. But it does nothing on rates or service, as repeal and Medicare integration will not affect the USPS’s plans to raise rates later this year.
Take Action Now – Very Easy Steps
We are at a now or never point. Next year will be too late. Next month could be. This legislation, since it is a bipartisan compromise, is likely to move. And as much as it is of some help, it won’t stop this anticipated rate hike from compounding over the years.
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