United States Postal Service: Need for Reform Schooling

"We have almost $8 billion a year in obligations for retiree health funding, which is well in excess of 10 percent of our revenues," he says. "That is higher than any commercial company in the country is required to pay. Other federal agencies don't pay any pre-funding. It puts us in a situation where we're not on a level playing field with our competitors or even other government agencies.