Postal Regulatory Commission Moves Forward on Pension System Review

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Postal Regulatory Commission Moves Forward on Pension System Review
Haymarket Media Inc.

Mar. 19, 2010

Excerpt: The Postal Regulatory Commission said it will hire an actuarial consultant to review the pension-payment system used by the financially struggling US Postal Service. The USPS' Office of Inspector General released a report in January stating that the agency's current pension-funding system resulted in an overpayment of $75 billion from 1972 to 2009.

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