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GAO Report: Postal Retiree Health Benefits -- Unsustainable Finances Need to Be Addressed
U.S. Government Accountability Office [GAO] Link to more items from this source
Oct. 2, 2018
"About 500,000 postal retirees receive retiree health benefits. The Postal Service Retiree Health Benefits Fund pays most of the costs. The Postal Service has not made $38.2 billion in required payments to this fund through fiscal year 2017. If it makes no more payments, [OPM] projects the fund will be depleted in fiscal year 2030. [GAO] highlighted several approaches to address this shortfall, such as requiring most eligible retirees to participate in Medicare, increasing cost-sharing, or reducing benefits." [GAO-18-602, published Aug. 31, 2018, released Oct. 1, 2018]

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