Today, Representative Marcy Kaptur (OH-09) released the following statement on President Joe Biden’s signing of the Postal Service Reform Act into law. The bill received strong bipartisan support in both the House and the Senate before being signed into law today.
“Mail delivery is one of the most basic and essential services that Americans rely upon every single day,” said Rep. Kaptur. “The hardworking men and women of USPS ensure our packages, prescriptions, and checks arrive where they’re need, when they’re needed. The future of our economy and our country depends on USPS being strong and reliable. By removing unnecessary and harmful mandates, protecting six-day delivery, and improving efficiency and reliability, the Postal Service Reform Act will ensure we have the service we need for the road ahead.”
Key element of the Postal Service Reform Act
Requires USPS to deliver both mail and packages at least six days per week across an integrated network
Requires USPS to develop a public-facing, online dashboard with national and local level service performance data updated each week to provide additional transparency and promote compliance with on-time delivery of mail
Require future USPS retirees, who have been paying into Medicare their entire careers, to enroll in Medicare. Currently, roughly a quarter of USPS retirees do not enroll in Medicare even though they are eligible, meaning USPS pays far higher premiums than any other public or private sector employer. By more closely integrating Medicare, USPS estimates it could save approximately $22.6 billion over 10 years
Eliminates the requirement that USPS pre-fund retiree health benefits for all current and retired employees for 75 years in the future. No private company or other federal government entity is required to comply with such a burdensome requirement. USPS estimates this provision would drastically reduce its prefunding liability and allow it to save roughly $27 billion over 10 years
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