Reforming the Postal Service’s Pension and Retiree Health Care Benefit Systems
Earlier this month I had the opportunity to participate in an R Street Institute panel discussion on the current fiscal health of U.S. Postal Service (USPS) pensions and retiree health care system, and how USPS compares with similar state and local systems.
The panel gave special attention to two bills currently pending in Congress—the USPS Fairness Act (H.R. 2382) and Postal Service Financial Improvement Act of 2019 (H.R. 2553)—that could affect the future solvency of postal worker benefit programs. Given the challenges that state and local governments are having with unfunded pensions, it’s important that Congress look at similar, even if less severe, issues at the federal level.