More Postal Reform is Necessary for Industry

This legislation is critically important to our customers' businesses; with the passing of the Postal Civil Service Retirement System Funding Reform Act of 2003, the USPS will save an estimated $2.9 billion in 2003 and $2.8 billion in 2004.

Had the USPS not been able to access the surplus funds, it would likely have already filed its next rate case on April 1, 2003. However, with the passing of the reform act, the Postal Service has promised to delay its next rate increase until the year 2006.