Daily Archives: March 18, 2014

What can USPS learn from TRICARE in funding retiree health care costs?

The U.S. Postal Service has long maintained that requiring it to set aside funding for future retirees’ health care costs in the form of fixed multibillion-dollar annual payments is a drag on its dire financial condition. In fact, the agency … Continue reading

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Postal Service to reduce workforce by 10,000

The Postal Service plans to shrink its workforce by 10,000 positions in fiscal 2015, according to Postmaster General Patrick Donahoe. The reductions will be entirely through attrition — there will be no buy-outs or reductions in force— Donahoe said at … Continue reading

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