Postmaster General Urges Congress to Fix Business Model to Close $20B Gap

We seek the ability to establish a defined contribution retirement system for new employees. Given the changes that will occur in our industry in the coming decades, I believe it is fundamentally unfair to lock the postal service…and future employees...into a defined pension system.

With the authority to move to a schedule that includes six days of package delivery and five days of mail delivery, the Postal Service can save nearly $2 billion dollars annually. The American public supports this delivery schedule and it’s the financially responsible step to take.