Ruth Goldway, chairman of the Postal Regulatory Commission, speaks with Direct Marketing News’ news editor Frank Washkuch about how the US Postal Service can improve its financial situation as well as consumers’ response to possible five-day home delivery.
Direct Marketing News (DMN): What does the US Postal Service need to do to right its financial ship?
Ruth Goldway: The US Postal Service needs to work actively and collegially with the postal community to address the issue of the healthcare retiree benefits fund prepayment. I think these are issues that the whole mailing community agrees upon and that will need action from Congress. If you read the analysis of the Postal Service’s financial condition, which was in the decision that the Postal Regulatory Commission made on the exigent rate request, you can clearly see that we identify the healthcare retiree payment requirement as the most serious financial burden that the Postal Service has.
DMN: What are the next steps for the USPS to address that?
Goldway: I think they have to work very hard with the mail community to get legislative relief. They also have to work with the administration on reinterpretation of the (Civil Service Retirement System) pension fund allocation, which might be able to give them some assistance as well.
Continues at: Interview: Ruth Goldway, chairman of the Postal Regulatory Commission – Direct Marketing News.
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