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CRS in Focus: Funding of Postal Retiree Health Benefits in the Postal Service Reform Act of 2022 (PDF)
Congressional Research Service [CRS] 
May 20, 2022 "Since FY2007, the U.S. Postal Service (USPS) has experienced annual net losses averaging $6.2 billion due in large part to retiree health prefunding payments that were required under the Postal Accountability and Enhancement Act of 2006 (PL 109-435). The Postal Service Reform Act of 2022 [PSRA] (PL 117-108) repeals those prefunding payments and eliminates USPS's defaulted payments from its financial balance sheet. Additionally, the PSRA's changes to postal health benefits are expected to reduce USPS's share of premiums for its employees and retirees by $5.711 billion over 10 years." [IN11931, May 19, 2022] MORE >> |
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